ODDITY Announces Secondary Offering of Class A Ordinary Shares

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Why has Oddity Tech stock dropped today?

March 12, 2024 5:01 PM EDT

Shares of Oddity Tech (NASDAQ: ODD) tumbled more than 5% in after-hours trading Tuesday after the company announced that it would launch a secondary public offering of 4 million Class A ordinary shares.

These shares are currently held by a fund managed by L... More