Oatly stock slides 5% premarket as earnings fall short of estimates hurt by COVID restrictions in As

Oatly Group AB stock slid 5% in premarket trade Monday, after the Swedish maker of oat-based dairy products posted a wider-than-expected third-quarter loss and revenue that fell short of estimates. The company had a net loss of $107.9 million, or 18 cents a share, in the quarter, wider than the loss of $41.2 million, or 7 cents a share, posted in the year-earlier period. Revenue rose to $183.0 million from $171.1 million a year ago. The FactSet consensus was for a loss of 10 cents and...