ODDITY Tech Shares Drop Over 30% Amid Rising Customer Acquisition Costs and Advertising Partner Dislocation
Shares of ODDITY Tech (NASDAQ: ODD) fell more than 30%, hitting a record low, due to rising customer acquisition costs and an account dislocation with its largest advertising partner. The company reported losses in Q2 and faces potential further sales declines.
Tickers: $ODD
Topics: advertising partner issues customer acquisition cost