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ODDITY Tech Surges to Top 377 in Trading Volume with $267 Million Turnover
Generated by AI AgentAinvest Volume Radar
Tuesday, Jun 10, 2025 8:11 pm ET1min read
On June 10, 2025,
(ODD) saw a significant increase in trading volume, with a turnover of $267 million, marking a 34.6% rise from the previous day. This surge placed ODDITY among the top 377 stocks by trading volume for the day. The stock price of ODDITY Tech (ODD) rose by 2.49%.ODDITY Finance LLC recently announced the upsizing and pricing of a $525 million offering of 0% exchangeable senior notes due in 2030. This financial maneuver is expected to bolster the company's liquidity and financial flexibility, potentially influencing investor sentiment and stock performance.
As of March 31, 2025, ODDITY reported having $257 million in cash reserves. This substantial cash position underscores the company's strong financial health and its ability to navigate market fluctuations effectively. The announcement of the senior notes offering further solidifies ODDITY's financial strategy, aiming to optimize its capital structure and support future growth initiatives.
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