Oatly Milks Demand For Dairy Free Drinks As Shares Soar On Listing
Oatly shares priced at $17, at the top end of expectationsQ1 2021 hedge fund letters, conferences and more Shares rose in initial trading to $22.74The IPO values the company at $9.96bnThe company is raising $1.4 billion through the listingIt will trade under the ticker OTLYOatly's IPO On The Nasdaq"Dairy free brand Oatly has milked $1.4 billion from its listing on the Nasdaq stock exchange. Even though it priced shares at $17 at the top end of expectations, putting a value on the company of almost $10 billion, shares still rose in the first hours of trading to just over $22, a rise of 29%. Inv...