Why Oatly Stock Zoomed Nearly 16% Higher This Week

A bottom-line beat in its latest quarter made Oatly Group (OTLY -4.01%) stock quite tasty for investors this week. Thanks in no small part to the oat milk specialist's performance in its first quarter, the company's stock raced to a gain of almost 16% across the period, according to data compiled by S&P Global Market Intelligence.A good start to the financial yearThat quarter, which was reported on Wednesday, saw Oatly earn $197.5 million in revenue. That was down, although not alarmingly so, from the sligh ...