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Why Oatly Stock Lost 11% in December

TheMotleyFool

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Shares of Oatly Group (NASDAQ: OTLY) were sliding last month; as analysts continued to sour on the oat milk company, it became one of many broken IPOs in 2021. According to data from S&P Global Market Intelligence, the stock fell 11% in November.

As you can see from the chart below, the stock was volatile throughout December, but it never recovered from a downgrade early in the month.