Oatly
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- Oatly Group (OTLY). This popular oatmilk maker went public in May with pre-IPO backing from not only Winfrey, but also from actress Natalie Portman, ex-Starbucks CEO Howard Schultz and rapper Jay-Z. OTLY’s hip nature and celebrity investors initially served the stock well, with shares pricing at a top-of-range $17 apiece and soaring in their first and second sessions. Oatly (OTLY) ultimately rose 55% to $29 intraday peak a few weeks later, but Wall Street has since soured on the oatmilk firm. Shares closed Friday at $11.82 − up 4.6% on the session, but down 30.5% from their IPO price.
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