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Shares of Oatly (NASDAQ: OTLY) continue their collapse today, dropping 10.1% as of 11:50 a.m. ET on Tuesday morning, on the continued fallout from a disappointing earnings report.
The Swedish oat milk maker reported third-quarter results last week that fell far short of expectations, and since then analysts have been lowering their price targets on the stock, even as they keep their generally bullish ratings on it.