Oatly Stock News

Penny stocks are an interesting category. While they have the potential to produce significant long-run gains, you should never bet money on these stocks that you can't afford to lose.

A few years ago, venture capital poured a lot of money into the plant-based foods market. At the time, the possibilities seemed bright.

Sometimes, even the most boring stocks hold big potential. Look at plant-based food stocks, for example.

Investors seem to think the stock was overbought heading into its earnings report. Oatly beat headline numbers in the report, but the stock still fell.

Oatly Group AB (NASDAQ:OTLY ) Q2 2024 Earnings Conference Call July 24, 2024 8:30 AM ET Company Participants Brian Kearney - Vice President of Investor Relations Jean-Christophe Flatin - Chief Executive Officer Daniel Ordonez - Chief Operating Officer Marie-Jose David - Chief Financial Officer Conference Call Participants Ken Goldman - JPMorgan Michael Lavery - Piper Sandler Kaumil Gajrawala - ...

MALMÖ, Sweden, July 24, 2024 (GLOBE NEWSWIRE) -- Oatly Group AB (Nasdaq: OTLY) (“Oatly” or the “Company”), the world's original and largest oat drink company, today announced financial results for the second quarter and six months ended June 30, 2024.

Plant-based stocks have seen somewhat of a decline in recent months, but the long-term outlook remains promising.  The concept of plant-based eating is no novelty and has been around for centuries.

Plant-based food stocks to sell might be your ticket to dodging market volatility. The vegan industry is in decline, and industry trends suggest caution.