Oatly stock falls more than 9% after short seller attacks company’s practices
By Alexis Benveniste, CNN Business Oatly’s stock fell more than 9% before recovering slightly Thursday after a hedge fund accused the company of overstating its revenue and misleading investors about its sustainability claims. In a 124-page document released Wednesday, Spruce Point Capital dismisses the oat milk trend as a “food fad” and accuses Oatly of
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