Of all the initial public offerings this year, few have been as successful as Oatly, which listed on the Nasdaq a couple of weeks ago. After the first day of trading, its shares were valued at just below $10 billion. By the end of this week, its valuation is likely to have gone above $15 billion. SponsoredOatly is a Swedish company that manufactures oat milk. This makes the brand popular with many vegans and, it claims in its IPO prospectus, consumers who are “highly engaged and care

Source: The Times June 03, 2021 15:56 UTC