Oatly stock tumbles 12% as company’s loss widens amid production snags at a U.S. plant and COVID lockdowns in Asia
November 14, 2022 at 13:43 PM EST
Oatly Group AB stock tumbled Monday, after the Swedish maker of oat-based dairy products posted a wider-than-expected third-quarter loss and revenue that fell far short of estimates, and offered guidance that also lagged consensus.
