ODDITY Tech Stock Takes a Hit as L Catterton Plans 4M Class A Share Sale

Tuesday, 12 March 2024, 20:25

ODDITY Tech saw its stock drop by 4% following the announcement of a secondary public offering of 4M class A shares. The underwriters have the option to acquire additional shares, signaling potential dilution for existing shareholders. Investors are closely monitoring the impact of this share sale on ODDITY Tech's future performance.
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ODDITY Tech Stock Takes a Hit as L Catterton Plans 4M Class A Share Sale

ODDITY Tech Stock Slides on Offering

ODDITY Tech shares decline 4% as it announces a secondary public offering of 4M class A shares, with an option for underwriters to purchase more.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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