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An announcement from Oatly Group ( (OTLY) ) is now available.
Oatly Group AB announced on March 4, 2025, that it has regained compliance with Nasdaq’s $1.00 minimum bid price requirement, following a previous notification of non-compliance in September 2024. The company achieved this by adjusting the ratio of its American Depository Receipts to ordinary shares, a move that underscores its commitment to maintaining its Nasdaq listing and potentially stabilizing its market position.
More about Oatly Group
Oatly Group AB is a company operating in the food and beverage industry, primarily known for its oat-based products. The company focuses on providing plant-based dairy alternatives and has a significant presence in the market for sustainable and health-conscious food products.
YTD Price Performance: -33.56%
Average Trading Volume: 253,598
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $263M
See more insights into OTLY stock on TipRanks’ Stock Analysis page.