Why Oatly Stock Zoomed Nearly 16% Higher This Week
A bottom-line beat in its latest quarter made Oatly Group (NASDAQ: OTLY) stock quite tasty for investors this week. Thanks in no small part to the oat milk specialist's performance in its first quarter, the company's stock raced to a gain of almost 16% across the period, according to data compiled by S&P Global Market Intelligence.That quarter, which was reported on Wednesday, saw Oatly earn $197.5 million in revenue. That was down, although not alarmingly so, from the slightly over $199 million it posted in the same period of 2024. Image source: Getty Images.Continue reading
A bottom-line beat in its latest quarter made Oatly Group (NASDAQ: OTLY) stock quite tasty for investors this week. Thanks in no small part to the oat milk specialist's performance in its first quarter, the company's stock raced to a gain of almost 16% across the period, according to data compiled by S&P Global Market Intelligence.
That quarter, which was reported on Wednesday, saw Oatly earn $197.5 million in revenue. That was down, although not alarmingly so, from the slightly over $199 million it posted in the same period of 2024.
Image source: Getty Images.
