Oatly Shares Fall as Oat-Milk Maker Details Production Issues
Swedish oat-milk maker Oatly Group AB warned that production challenges might keep it from growing as fast as previously projected, sending its shares lower on Monday.
The company’s reduced sales outlook added to investors’ concerns about Oatly’s losses and its capacity to meet growing demand. Its American depositary receipts closed Monday at $9.36, down nearly 21%.
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