Key Points
July 17 (Reuters) - Oddity Tech said on Monday it was targeting a valuation of $1.92 billion in its U.S. initial public offering (IPO), more than 13% higher than what it was previously seeking...
Oddity's move points to a recovery in demand for newly listed shares, boosting an ailing IPO market, as investors expect the Federal Reserve to end its rate hike campaign soon...
At the top end of the new range, the IPO would fetch around $358 million for Oddity and its existing investors who are cashing out some of their stake..
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