California-Based Retail Stock Finds Rare Success During Broader Market Selloff

By: Tomas Ronolski - AllPennyStocks.com News

Tuesday, March 4, 2025

A California-based retail company is finding a rare amount of success on a day that the broader market is in shambles. The stock is soaring following the company reporting better-than-expected Q4 revenue results and issued its FY25 sales guidance above estimates.

Traders wasted no time buying up shares of Olaplex Holdings Inc. (Nasdaq:OLPX), pushing shares of the company up to $1.66/share (+20.29%) at the early session high. This move was a strong breakout from the stock’s multi-month downtrend and could indicate things to come in the near future.

Olaplex Holdings Inc is a science-enabled, technology-driven beauty company. It offers science-backed solutions that improve hair health. It identifies consumers' most relevant haircare concerns in collaboration with the community of professional hairstylists and consumers and strives to address them through its proprietary technology and innovation capabilities. It offers products through a global omnichannel platform serving the professional, specialty retail, and DTC channels. The company derives its revenue through the sale of its specialty hair care products.

Copyright © 2025 AllPennyStocks.com. All rights reserved. Republication or redistribution of AllPennyStocks.com's content is expressly prohibited without the prior written consent of AllPennyStocks.com. AllPennyStocks.com shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.