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Big Beauty IPOs Are Back

On its first day of trading, Oddity shares jumped 40 percent, giving the parent company of Il Makiage a $2.68 billion valuation.
Il Makiage's Woke Up Like This foundation. Il Makiage.
On its first day of trading, Oddity shares jumped 40 percent, giving the parent company of Il Makiage a $2.73 billion valuation. (Il Makiage)

On Wednesday, Oddity Tech, the Israel-based parent company of makeup brand Makiage and Spoiled Child, a skin care line, started trading on the Nasdaq under the symbol ODD.

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Further Reading

Il Makiage Parent Oddity Files to Go Public

Israel-based beauty tech company Oddity filed a registration statement with the US Securities and Exchange Commission for an initial public offering under the ticker “ODD” this week. The number and price of shares to be offered is yet to be determined.

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