European Wax Center Inc. (NASDAQ:EWCZ)

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  • Docoof: IBD’s IPO Leader $EWCZ has a 33.41 buy point in a double bottom with handle, according to IBD MarketSmith chart analysis. IBD Composite Rating = 92 and Relative Strength Rating = 96. For shareholders of record on April 22, there will be a one-time special dividend of $3.30 per share on May 6th. The ex-dividend date is April 21, 2022. Shareholders who sell their shares prior to the April 21, 2022 ex-dividend date will also be selling their right to receive the special dividend.  https://investors.waxcenter.com/news-releases/news-release-details/european-wax-center-inc-announces-special-cash-dividend European Wax Center is a franchisor of out-of home wax-based hair removal centers. EWC's expert line-up of services and products are more effective, timely, cleaner, and less painful than at-home solutions, and often less expensive, more effective, and less of a safety risk compared to other OOH services.
  • Docoof: Today $BAC reiterated its Buy rating on $EWCZ with a pt of $35.00. It also reported that $EWCZ is funding a one-time special dividend of $3.30 per share on May 6th to shareholders of record on April 22.
  • Docoof: $EWCZ is coming up to IBD’s IPO Buy Point of $31.59 on good volume. (Currently at hod $31.47)
  • Docoof: Another hair-ripper rally day for $EWCZ. Up 6.56% for the day and up 25.99% over the past 5 days.
  • Docoof: @Docoof $EWCZ — I didn’t know $EWCZ was removed from the IBD IPO Leaders List, but as of tonight, it’s back on that list, “forming double bottom with 31.59 buy point.”
  • wanda1616: @Docoof $EWCZ haha. there are at least 2 right near me. will do some DD
  • Docoof: @Pokersmith @wanda1616 [Repost of deleted post] I want to mention again a very overlooked sector, namely, the “Using Scalding Hot Wax to Rip Hair off your Body” sector, because the leading (and perhaps only) stock ($EWCZ) in it is up 33.46% over the past 5 days and IBD tonight added it to its IPO Leaders List. I have no position in it, but I’m super bullish on this sector, (and also imbibed after the close—so, you know, cum grano salis). — I’ll probably be deleting this post. 8:58 PM 03/18/2022
  • DAN: @Docoof $EWCZ No need to delete it. Thanks for reposting it Docoof. This is exactly what the forum is good for. Trading IDEAS. Thank you!
  • Docoof: @DAN $EWCZ Phew! Ok, thanks Dan.
  • Pokersmith: @Docoof $EWCZ Customers must have a lot of skin in the game
  • Docoof: $EWCZ The Hair-Removal-Wax Sector is quite strong today.
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Stock Price $5.72
Change 43.13%
Volume 11,478,100

European Wax Center Inc is a franchisor and operator of OOH waxing services. Its product sales consist of revenue earned from sales of proprietary wax.

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