Olaplex: Competition And Patent Expiration Are Enormous Obstacles

While Olaplex's (NASDAQ: OLPX ) share price has been fairly range bound over the past 12 months, the business continues to face headwinds. A new CEO and a shift in strategy may have renewed investor optimism butRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying businesses with secular growth opportun ...