Oatly Inc stock fell. fell 10% on Thursday to hover near an all-time low, after the oat milk maker's fourth-quarter loss more than doubled from a year earlier and its revenue fell well short of analysts' estimates.
OTLY, based in Sweden, posted a net loss of $298.7 million, or 50 cents per share, during the quarter — wider than the loss of $125.2 million, or 21 cents per share, it reported in the same period a year earlier. The FactSet analyst consensus was for a loss of 11 cents.
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