Why Oatly Stock Tumbled This Week
Oatly (NASDAQ: OTLY), the leading maker of oat milk and related alternative dairy products, is having another tough week.The company reported another quarter of sluggish top-line growth and bottom-line losses, which is a problematic combination for any stock, but especially for one that is supposed to be a growth stock.As of 3 p.m. ET Thursday, Oatly shares were down 14.3% for the week.Continue reading
Oatly (NASDAQ: OTLY), the leading maker of oat milk and related alternative dairy products, is having another tough week.
The company reported another quarter of sluggish top-line growth and bottom-line losses, which is a problematic combination for any stock, but especially for one that is supposed to be a growth stock.
As of 3 p.m. ET Thursday, Oatly shares were down 14.3% for the week.
