Oddity Tech IPO Indicating $49.45/Share On 962K Shares; IPO Priced At $35/Share
Portfolio Pulse from Happy Mohamed
Oddity Tech, a newly listed company, has indicated an initial public offering (IPO) price of $49.45 per share on 962K shares, significantly higher than the IPO price of $35 per share.
July 19, 2023 | 4:49 pm
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POSITIVE IMPACT
Oddity Tech's IPO price indication of $49.45 per share on 962K shares is significantly higher than the IPO price of $35 per share, suggesting strong investor interest.
The higher than expected IPO price indication suggests strong investor interest in Oddity Tech. This could potentially drive the stock price up in the short term as investors rush to buy shares.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100