|Bid||2.4000 x 3000|
|Ask||2.4100 x 4000|
|Day's Range||2.3800 - 2.5150|
|52 Week Range||1.2800 - 5.4550|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 15, 2023|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.69|
Oatly Group (NASDAQ: OTLY) was shaping up to be a stock market rocket this week. The market continued to be impressed by Oatly's new tie-up with a top name in fast food restaurants. On Monday, Oatly revealed that it struck a partnership deal with no less a company than McDonald's (NYSE: MCD).
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.
Key Insights Oatly Group's significant private companies ownership suggests that the key decisions are influenced by...