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The company's stock was having a rough time on the market; according to data compiled by S&P Global Market Intelligence, it had fallen 13% in price week to date as of early Friday morning. It ...
B of A Securities cut the price target on Oatly Group AB (NASDAQ: OTLY) from $32 to $11. Oatly Group shares fell 0.6% to $9.30 in pre-market trading. ... Cowen & Co. lowered the price target for ...
Stock indexes closed mostly lower Tuesday as the market delivered a downbeat finish on the final day of another milestone-shattering year on Wall Street. The Dow Jones Industrial Average slipped 0 ...
[29] [30] [31] After the announcement Oatly's stock briefly went below IPO, resulting in several class-action lawsuits. [32] Glenn Vanzura of Mayer Brown stated that it is common in other industries that after a short-seller targets a company to drive down stock price, a class action lawsuit is filed, noting that such lawsuits are often dismissed.
Shares of Oatly may be down more than 88% since its IPO in 2021, but one analyst expects the plant-based beverage giant to see a turnaround in 2023.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Oatly Group Ab wasn’t one of them. The 10 stocks that made the ...
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.
The tech sector dragged US stocks lower on Monday, with major indexes down about 1%. The extended decline in the Nasdaq 100 and S&P 500 can be linked to rising bond yields over the past few weeks.