Olaplex stock has plunged since its IPO. Here's how the hair care brand is trying to turn itself around

When prestige hair care brand Olaplex first debuted on the Nasdaq in late 2021, it surpassed pricing predictions and gained momentum fast.The company opened at $25 per share, an increase from its initial public offering pricing estimates. It was part of a broader group of retailers that went public that year amid an IPO boom. Olaplex hit its all-time high just a few months after its public debut, reaching a price of $29.41 on Jan. 3, 2022.But that run didn't last long.Since its IPO, Olaplex's stock performa ...