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home / news releases / OTLY - Why Oatly Stock Tumbled This Week

OTLY - Why Oatly Stock Tumbled This Week

Oatly Group AB

2024-07-26 16:03:11 ET

Shares of Oatly Group (NASDAQ: OTLY) , a maker of oat-based foods and beverages, were taking a dive this week after the company reported middling results and as a rally the previous week leading into the earnings report faded.

According to data from S&P Global Market Intelligence , the stock was down 17.9% for the week as of 3:18 p.m. ET on Friday.

Image source: Oatly.

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Why Oatly Stock Tumbled This Week

Stock Information
Company Name: Oatly Group AB
Stock Symbol: OTLY
Market: NASDAQ
Website: oatly.com
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