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Why Olaplex (OLPX) Stock Is Up Today

What Happened? Shares of hair care company Olaplex (NASDAQ:OLPX) jumped 6.5% in the morning session after the company reported third-quarter financial results that beat Wall Street's expectations for revenue and earnings per share, and reaffirmed its full-year guidance. Although the hair care company's net sales fell by 3.8% year-over-year to 114.6million,thefigurecameinaheadofanalystforecasts.Similarly,itsearningspershare(EPS)of114.6 million, the figure came in ahead of analyst forecasts. Similarly, its earnings per share (EPS) of 0.02, while flat compared to the same period in the previo ...