Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of all persons or entities who purchased or otherwise acquired Oddity Tech Ltd. ("Oddity" or the "Company") (NASDAQ:ODD) securities between February 26, 2025 and February 24, 2026, inclusive (the "Class Period").

The Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (i) due to an algorithm change by the Company's largest advertising partner, the Company's advertisements were being diverted to lower quality auctions at abnormally high costs; (ii) the foregoing significantly increased the Company's customer acquisition costs, thereby negatively impacting its business and financial prospects; (iii) accordingly, Defendants overstated the overall strength, stability, and sustainability of the Company's digital operating model and/or market position; and (iv) as a result, Defendants' public statements were materially false and misleading at all relevant times.