Advertisement
Canada markets open in 6 hours 21 minutes
  • S&P/TSX

    21,740.20
    -159.79 (-0.73%)
     
  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     
  • DOW

    37,735.11
    -248.13 (-0.65%)
     
  • CAD/USD

    0.7248
    -0.0005 (-0.07%)
     
  • CRUDE OIL

    85.62
    +0.21 (+0.25%)
     
  • Bitcoin CAD

    87,290.43
    -4,200.81 (-4.59%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,388.90
    +5.90 (+0.25%)
     
  • RUSSELL 2000

    1,975.71
    -27.47 (-1.37%)
     
  • 10-Yr Bond

    4.6280
    0.0000 (0.00%)
     
  • NASDAQ futures

    17,844.75
    -31.50 (-0.18%)
     
  • VOLATILITY

    19.23
    0.00 (0.00%)
     
  • FTSE

    7,965.53
    0.00 (0.00%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • CAD/EUR

    0.6825
    +0.0001 (+0.01%)
     

Why Oatly Stock Jumped Today

Why Oatly Stock Jumped Today

Shares of oat milk company Oatly (NASDAQ: OTLY) jumped on Monday after announcing a partnership with fast-food giant McDonald's. As of noon ET, Oatly stock was up 7%, but it had been up as much as 12% earlier in the day. According to an official press release, Oatly is partnering with McDonald's in Austria. Specifically, McDonald's McCafe will use Oatly's Barista Edition beverages -- oat milk that's foamable when warmed, just like regular milk.