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News

Why Oatly Stock (OTLY) Is Moving

Author: Henry Khederian | November 17, 2023 04:42pm

Oatly Group AB (publ) - ADR (NASDAQ:OTLY) shares are trading higher by 7.8% to $0.82 Friday afternoon. The stock is likely trading higher on upward momentum after the company on Thursday announced nationwide availability at Insomnia Cookies.

Oatly's Original and Chocolate Oatmilks are now offered at 250+ Insomnia Cookies stores nationwide. Both companies said they are enthusiastic about this collaboration, emphasizing the allure of Oatly's products paired with Insomnia Cookies' treats.

The 11oz Oatly drinks are available for purchase in-store or through different online platforms, marking an expansion of Oatly's presence in the U.S. foodservice sector.

See Also: What's Going On With Plug Power Stock?

According to data from Benzinga Pro, Oatly Group has a 52-week high of $3.16 and a 52-week low of $0.44.

Posted In: OTLY

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