November 16, 2023 1:57 PM | 1 min read
- Oatly on Thursday announced nationwide availability at Insomnia Cookies.
- The stock is up some 23% following the announcement.
Oatly Group AB (publ) – ADR OTLY shares are trading higher by 23.7% to $0.66 Thursday afternoon after the company announced nationwide availability at Insomnia Cookies.
Oatly says the company’s Original and Chocolate Oatmilks are now available at over 250 Insomnia Cookies locations across the country.
Oatly added both companies are excited about this partnership, highlighting the appeal of Oatly’s products alongside Insomnia Cookies’ treats.
The company says the 11oz Oatly drinks can be purchased in-store or through various online ordering platforms, expanding Oatly’s presence in the U.S. foodservice industry.
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According to data from Benzinga Pro, Oatly Group has a 52-week high of $3.16 and a 52-week low of $0.44.