Shares of Oddity Tech Ltd. (ODD) more than halved on Wednesday morning after the company warned of a sharp revenue decline in the first quarter related to higher customer acquisition costs.
The stock is currently trading at $13.99, down $15.03 or 51.79%, on the Nasdaq. The stock opened at $16.05 after closing Monday at $29.02. The stock has traded between $13.09 and $79.18 in the past 52-week period.
Oddity reported strong fourth-quarter and full-year 2025 results, with fourth-quarter revenue rising 24% to $152.7 million and full-year revenue reaching $809.8 million. However, the company said a disruption with its largest advertising partner led to significantly higher user acquisition costs.
Oddity expects first-quarter 2026 revenue to decline about 30% year over year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.