Company News, Financial News

Oddity Has Successful First Day on Nasdaq

Ends first day at $47.53, significantly above its initial range of $27-30 and its revised filing range of $32-34, too.

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By: Christine Esposito

Editor-in-Chief

Oddity began trading yesterday on the Nasdaq under the ticker “ODD.” The company announced its intent to file in June. According to L Catterton, which has a stake in the company, the offering was heavily oversubscribed, leading Oddity to price at $35 per share, significantly above the initial range of $27-30 and above the revised filing range of $32-34. Oddity began trading at $49.10 and closed at $47.53. At the IPO price, the company had an initial market capitalization of approximatel...

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