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Why Oatly Stock Tumbled This Week

TheMotleyFool

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Why Oatly Stock Tumbled This Week: https://g.foolcdn.com/editorial/images/784849/oatly-pouring.jpg

Shares of Oatly Group (NASDAQ: OTLY), a maker of oat-based foods and beverages, were taking a dive this week after the company reported middling results and as a rally the previous week leading into the earnings report faded.

According to data from S&P Global Market Intelligence, the stock was down 17.9% for the week as of 3:18 p.m. ET on Friday.

Image source: Oatly.

Source Fool.com

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