Oddity Tech .(US:ODD) Businesswire·2026-03-20 19:00Core Viewpoint - A class action lawsuit has been filed against ODDITY Tech Ltd. for securities fraud, affecting investors who purchased shares between February 26, 2025, and February 24, 2026, with a deadline for lead plaintiff motions set for May 11, 2026 [1][2]. Financial Performance - On February 25, 2026, ODDITY reported its fourth quarter and full year 2025 financial results, revealing a significant issue with its largest advertising partner due to algorithm changes that led to higher customer acquisition costs and a projected revenue decline of approximately 30% year-over-year for Q1 2026 [2][3]. Stock Price Impact - Following the announcement of the financial results, ODDITY's stock price plummeted by $14.28, or 49.2%, closing at $14.74 per share on February 25, 2026, resulting in substantial losses for investors [3]. Allegations in the Lawsuit - The lawsuit alleges that ODDITY's management made materially false and misleading statements regarding the company's business operations and prospects, failing to disclose the adverse effects of the algorithm change on advertising costs and overall business performance [3].