Previous Close | 2.3700 |
Open | 2.3900 |
Bid | 2.4000 x 3000 |
Ask | 2.4100 x 4000 |
Day's Range | 2.3800 - 2.5150 |
52 Week Range | 1.2800 - 5.4550 |
Volume | |
Avg. Volume | 5,184,121 |
Market Cap | 1.412B |
Beta (5Y Monthly) | N/A |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.6300 |
Earnings Date | Mar 15, 2023 |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | 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...