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0 0 0 0.0155440414507772 0.0259067357512955 -0.0466321243523315 -0.0647668393782382 -0.0725388601036269
Stock impact report

Waldencast: Strategic Reviews Are More Than Necessary [Seeking Alpha]

Waldencast Acquisition Corp. - Class A Ordinary Share (WALD) 
Company Research Source: Seeking Alpha
Obagi's medical-grade skincare and Novaestiq acquisition offer a more resilient, higher-margin TAM versus the challenged Milk Makeup segment. The $82.5M Obagi Japan rights sale meaningfully reduces net debt, but leverage remains high. Tactical hold rating is maintained; upside hinges on a Milk Makeup sale or pure-play Obagi transition, with a price target of ~$2.10 for now. Getty Images You don't often see happy endings start with a postponed earnings date. Waldencast ( WALD ) was no exception. The company that owns Milk Makeup and Obagi was going to release its Q2 FY 2025 results in August but This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship wi Show less Read more
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