A rocky first year on the Nasdaq for Olaplex
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Olaplex shares drop 10% after Q2 earnings release
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Region’s stocks slip amid market-wide slide
After years of charging forward, U.S. stocks have gone into hibernation, at least according to the common definition of a bear market: a market-wide decline of 20% or more from a recent peak. Most major indices are down at least that much from their highs earlier this year, with the biggest losses coming June 13. Read More →
Olaplex reports growth in sales, profits
Olaplex, a Montecito-based hair care products company, reported big increases in revenue and net income in its earnings report for the first quarter, released May 11. Olaplex had just under $62 million in net income in the first quarter of 2022, a 36.1% increase over the first quarter of 2021. Net sales hit $186.2 million Read More →
Olaplex shares dip, then rebound after report of revenue and earnings growth
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January slump has many of region’s stocks near 52-week lows
The stock market downturn that brought the Nasdaq close to correction territory has taken its toll on tri-county companies, with more than a dozen trading at or close to a 52-week low at the close of trading on Jan. 19. Among larger cap stocks of companies headquartered in the tri-county region, Olaplex, based in Montecito, Read More →
2022 Forecast: Stock analysts break out crystal balls for region’s biggest companies
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