● . . | --- | --- | |--------------------------------------------------------------------------------------------|-------| | | | | INVESTOR COUNSEL, Encourages Oddity Tech Ltd. Investors to Secure Counsel Before Important | | | September 17 Deadline in Securities Class Action - | | September 17, 2024 10:45 AM EDT | Source: The Rosen Law Firm PA New York, New York--(Newsfile Corp. - September 17, 2024) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Oddity Tech L ...

New York, New York--(Newsfile Corp. - September 17, 2024) - Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against ODDITY Tech Ltd. ("ODDITY" or "the Company") (NASDAQ: ODD) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired ODDITY securities bet ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Oddity Tech Ltd. during the specified class period of the upcoming lead plaintiff deadline for a class action lawsuit [1]. Group 1: Class Action Details - The class period for the lawsuit is from July 19, 2023, to May 20, 2024, and the lead plaintiff deadline is September 17, 2024 [1]. - Investors may be entitled to compensation without any out-of-pocket fees through a contingency fee arrangement [1]. - A class action lawsuit has already been filed, and interested parties must move the Court by the specified deadline to serve as lead plaintiff [2]. Group 2: Law Firm Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, including over $438 million in 2019 alone [3]. - Founding partner Laurence Rosen was recognized as a Titan of Plaintiffs' Bar by Law360 in 2020, and many attorneys at the firm have received accolades from Lawdragon and Super Lawyers [3]. Group 3: Allegations Against Oddity Tech - The lawsuit alleges that Oddity made false and misleading statements regarding its AI technology and sales capabilities [4]. - It is claimed that Oddity's revenue was partly derived from unsustainable and deceptive sales practices [4]. - The company allegedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries, leading to materially false public statements [4].

NEW YORK, Sept. 16, 2024 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of ODDITY Tech Ltd. (NASDAQ: ODD). Shareholders who purchased shares of ODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/oddity-tech-loss-submission-form/?id=102411&from=4 CLASS PERIOD: July 19, 2023 to May ...

Core Viewpoint - A class action lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its business practices and financial health [1][4]. Company Overview - Oddity Tech Ltd. is headquartered in Tel Aviv, Israel, and operates as a consumer tech platform aimed at transforming the global beauty and wellness market through an AI-driven online platform [3]. Lawsuit Details - The lawsuit covers purchasers of Oddity securities from July 19, 2023, to May 20, 2024, with a deadline of September 17, 2024, for investors to seek lead plaintiff status [2]. - The lawsuit claims that a report by NINGI Research accused Oddity of misleading investors about critical aspects of its business, including the nature of its AI technology and undisclosed legal issues [4]. Financial Impact - Following the allegations, Oddity's share price dropped by $3.02, or 7.37%, closing at $37.97 on May 21, 2024, and continued to decline by an additional $1.30, or 3.42%, over the next two trading sessions [4].

Faruqi & Faruqi, LLP Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In Oddity To Contact Him Directly To Discuss Their Options If you suffered losses exceeding $50,000 investing in Oddity stock or options between July 19, 2023 and May 20, 2024 and would like to discuss your legal rights, call Faruqi & Faruqi partner Josh Wilson directly at 877-247-4292 or 212-983-9330 (Ext. 1310). [You may also click here for additional information] NEW YORK, Sep ...

Company Overview - Oddity Tech (ODD) shares increased by 7.4% to $35.40 in the last trading session, following a significant trading volume, contrasting with a 16.3% decline over the past four weeks [1] - The company is experiencing strong revenue growth, driven by a 6% increase in average order value in Q2 2024 and consistent performance from its brands IL MAKIAGE and SpoiledChild [1] Earnings Expectations - Oddity Tech is projected to report quarterly earnings of $0.22 per share, reflecting a year-over-year increase of 4.8% [2] - Expected revenues for the upcoming quarter are $115.79 million, which represents a 22.6% increase compared to the same quarter last year [2] Stock Performance Insights - The consensus EPS estimate for Oddity Tech has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] - The stock currently holds a Zacks Rank of 2 (Buy), suggesting positive market sentiment [3] Industry Context - Oddity Tech operates within the Zacks Internet - Software industry, where another company, Alight, Inc. (ALIT), saw a 1.3% increase in its stock price, closing at $7.16, with a 4% return over the past month [3] - Alight's consensus EPS estimate has remained unchanged at $0.10, representing a year-over-year decline of 28.6%, and it currently holds a Zacks Rank of 4 (Sell) [4]

Core Viewpoint - Oddity Tech (ODD) is currently viewed as a more attractive investment option compared to Palo Alto Networks (PANW) for value investors, based on various valuation metrics and earnings estimate revisions [1][3][7]. Valuation Metrics - ODD has a forward P/E ratio of 18.73, significantly lower than PANW's forward P/E of 54.71, indicating that ODD may be undervalued [5]. - The PEG ratio for ODD is 0.93, while PANW's PEG ratio is 2.83, suggesting that ODD offers better value relative to its expected earnings growth [5]. - ODD's P/B ratio stands at 5.01, compared to PANW's P/B of 21.52, further highlighting ODD's more favorable valuation [6]. Analyst Outlook - ODD holds a Zacks Rank of 2 (Buy), indicating a positive analyst outlook, while PANW has a Zacks Rank of 3 (Hold), suggesting a less favorable view [3]. - The estimate revision activity for ODD has been stronger than that of PANW, contributing to a more optimistic perspective for ODD among investors [7]. Value Grades - ODD has been assigned a Value grade of B, whereas PANW has a Value grade of D, reflecting the relative attractiveness of their valuations [6].

NEW YORK, Sept. 10, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of ODDITY Tech Ltd. (NASDAQ: ODD). Shareholders who purchased shares of ODD during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: https://securitiesclasslaw.com/securities/oddity-tech-loss-submission-form/?id=101240&from=3 CLASS PERIOD: July 19, 2023 to ...

Core Viewpoint - A lawsuit has been filed against Oddity Tech Ltd. for allegedly misleading investors regarding its AI technology, sales practices, and ongoing litigation issues [1][3]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Oddity securities between July 19, 2023, and May 20, 2024 [1]. - Investors can seek to be appointed as lead plaintiff representative by September 17, 2024 [2]. Group 2: Allegations Against Oddity - The complaint claims that Oddity overstated its AI technology and its impact on sales [3]. - It is alleged that Oddity's revenue was partly derived from unsustainable sales practices [3]. - The company reportedly downplayed the severity of ongoing civil litigation against itself and its subsidiaries [3]. Group 3: Impact of NINGI Research Report - A report from NINGI Research accused Oddity of misleading investors about critical business aspects, including the nature of its AI technology [4]. - The report claimed that Oddity's repeat purchase rates were due to customers entering non-cancelable plans unknowingly [4]. - Following the report, Oddity's share price dropped by $3.02 (7.37%) to close at $37.97 on May 21, 2024, and continued to decline by an additional $1.30 (3.42%) over the next two trading sessions [4].