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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.
Oatly Group AB is a Swedish food company that produces alternatives to dairy products from oats, including oat milk. [ 2 ] [ 3 ] Oatly was formed in the 1990s using research from Lund University . [ 4 ] [ 5 ] [ 6 ] Oatly has headquarters in Malmö and a production and development center in Landskrona .
The company plans to raise about $1.43 billion through the IPO. The plant-based food sector is drawing more attention from investors, as an increasing number of cafes, upscale restaurants and fast ...
Investors should expect an ambitious plan to expand manufacturing capacity to meet strong demand for Oatly oat milk, long-time CEO Toni Petersson told Yahoo Finance Live.
Yahoo Finance’s Brian Sozzi, Julie Hyman, and Myles Udland speak to Oatly CEO Toni Petersson about the company’s public market debut, outlook, and what investors need to know about investing ...
For alt-milk products specialist Oatly Group (NASDAQ: OTLY), the weekend likely can't come fast enough. The company's stock was having a rough time on the market; according to data compiled by S&P ...
Oatly shares rose 1% to $17 in Monday trading, putting the stock price in line with the IPO's pricing in mid-May.The stock had reached a high of $28 in mid-June amid optimism on the outlook for ...
Rickard Öste (11 June 1948) is a Swedish scientist and businessman, the inventor of oat milk, and the co-founder of Oatly, a Swedish food company making oat milk products. In 1994, Öste co-founded Oatly with his brother Björn. [1] [2] The parent company of Oatly AB is Ceba AB, which was founded by Öste in 1994, and he is the majority owner. [3]