Why Oatly Stock Jumped Today
The plant-based beverage maker is progressing toward profitability.
Overview
Shares of Oatly Group (NASDAQ: OTLY) popped on Wednesday after the Swedish beverage maker boosted its full-year sales growth outlook.
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Oatly's revenue climbed 15.2% to $240 million in the second quarter. The gains were fueled by strong growth in Europe and other international markets.
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Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.