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Why Oddity Tech Stock Is Plummeting Today


Oddity Tech (NASDAQ: ODD) stock is getting hit with a big post-earnings sell-off in Tuesday's trading. The beauty industry software analytics company's share price was down 31.1% as of 2:10 p.m. ET.

Oddity reported its first-quarter results before the market opened today, and performance for the period was mixed. In addition to a wider-than-expected loss in the period, management's commentary and forward guidance were not encouraging. The stock is now down 87% over the last year.

Image source: Getty Images.

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Source Fool.com

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