Why Oatly Stock Is Plummeting Today
Oatly (OTLY -14.49%) stock is sinking Wednesday following the release of its fourth-quarter results. The beverage specialist's share price was down 14.3% as of 12:30 p.m. ET and had been off by as much as 15.5% earlier in the session.Oatly published its Q4 results before the market opened, posting a loss of 214.3 million in the quarter. Those figures came up short of Wall Street analysts' consensus estimates for a loss of 218.1 million.Oatly's to ...