Oddity Tech hit with investor class action after shares drop 49.21%

Reuters03-16

Oddity Tech hit with investor class action after shares drop 49.21%

Berger Montague filed a securities class action against Oddity on behalf of investors who bought shares between Feb. 26, 2025 and Feb. 24, 2026. The complaint alleges the company misled investors about its digital operating model and did not disclose risks tied to an algorithm change at its largest advertising partner. Oddity disclosed an advertising “dislocation” linked to algorithm changes and said it expected first-quarter 2026 revenue to decline about 30% year over year. Following that disclosure, the company’s Class A share price fell 49.21% to $14.74.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Oddity Tech Ltd. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202603160841PRIMZONEFULLFEED9672368) on March 16, 2026, and is solely responsible for the information contained therein.

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