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Stock impact report

Why Olaplex (OLPX) Shares Are Plunging Today [Yahoo! Finance]

Olaplex Holdings, Inc. (OLPX) 
Company Research Source: Yahoo! Finance
While the hair care company's fourth-quarter sales rose 4.3% year-over-year to $105.1 million and adjusted earnings per share met expectations, investors focused on the weaker outlook. The company's full-year revenue guidance, at a midpoint of $424.5 million, came in below analysts' estimates. Adding to concerns, the company's profitability declined, with its operating margin falling to negative 4.3% for the quarter, a significant drop from the positive 3% margin in the same period last year. This combination of a disappointing forecast and shrinking profitability appeared to trigger a negative response from investors. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Olaplex? Access our full analysis report here, it's free What Is The Market Telling Us Olaplex's shares are extremely volatile and have had 50 moves greater than 5% over the last year. But moves this big are rare even for Olap Show less Read more
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