Management reports that the business is doing better than expected and now it's rewarding shareholders. Shares of technology-enhanced cosmetics platform Oddity Tech (ODD 21.27%) soared on Friday after the company raised its guidance for the second quarter of 2024 and announced a stock buyback program. As of 2:40 p.m. ET, Oddity Tech stock was up a whopping 22%. Here's why investors are cheering Oddity Tech is an Israeli company that had its initial public offering (IPO) less than one year ago. It's put up s ...