Oatly at New Low

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Oatly at New Low
Photo: Fredrik Sandberg/TT

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The Swedish oat drink company Oatly plummeted by 24 per cent on the Nasdaq stock exchange in New York last week, following a quarterly report the week before.

The company is now trading at its lowest level in over a year. One share cost 0.61 dollars at Friday's close.

The share has cost as much as around 28 dollars at its highest. Since its listing in May 2021, the share has lost 97 per cent in value.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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