Oatly surge shows alternative food remains hot commodity

Terra Daily

Published

New York (AFP) May 22, 2021

This week's rousing stock market debut of dairy alternative Oatly underlines anew people's enduring appetite for vegan products. If anything, that hunger has grown during the Covid-19 pandemic. Following a heady Nasdaq debut on Thursday and another surge in Friday's session, the Swedish food company is now valued at about $13 billion, a lofty level for one that took in $421 million in revenu

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