ODD Lawsuit Alleges Concealment of Significant Algorithm Changes at Advertising Partner - ODDITY TECH LTD. Investors Face Losses Amid 49% Share Price Collapse: SueWallSt

$ODDPress releaseApr 30, 2026, 9:00 AM ETRead the release

SueWallSt is soliciting shareholders of ODDITY Tech Ltd. who purchased securities between February 26, 2025, and February 24, 2026, to serve as lead plaintiff in a class action lawsuit. The firm alleges that management concealed algorithm changes at a major advertising partner, which allegedly led to a 49% single-day share price collapse on February 25, 2026, and rising SG&A costs throughout 2025.

Key figures

Q1 2025 sga costs: $158.2 million
Q2 2025 sga costs: $117.3 million
Q3 2025 sga costs: $88.5 million
Q1 2025 prior year sga: $117.1 million
Q2 2025 prior year sga: $86.1 million
Q3 2025 prior year sga: $63.7 million
Single day share price loss: $14.28
Single day share price decline: 49.21%
Projected q1 2026 revenue decline: 30%

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AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.