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Why Oatly Stock Was Sliding Today


Shares of Oatly Group (NASDAQ: OTLY) were having another rough quarter as the oat milk company disappointed investors in its fourth-quarter earnings report.

Oatly topped revenue estimates in the fourth quarter, but the company continued to struggle on the bottom line and offered weak guidance.

As of 12:30 p.m. ET, the stock was down 14.8%.

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Source Fool.com

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