Short-seller alleges Oddity Tech is misleading investors
ODDOddity Tech .(ODD) cnbc.com·2024-05-21 21:04

A short seller on Tuesday alleged that beauty and wellness company Oddity Tech has been misleading investors and isn't the online-only retailer it's claimed to be. The firm, Ningi Research, published a 50-page report that details a slew of allegations against the newly-public retailer, including that it runs a fleet of stores in Israel and engages in deceptive billing practices. Ningi has a short position in Oddity, but didn't disclose the size of that position. Oddity Tech, the parent company of makeup bra ...