Oatly Group AB (publ) - ADR OTLY shares are trading higher by 7.8% to $0.82 Friday afternoon. The stock is likely trading higher on upward momentum after the company on Thursday announced nationwide availability at Insomnia Cookies.
Oatly's Original and Chocolate Oatmilks are now offered at 250+ Insomnia Cookies stores nationwide. Both companies said they are enthusiastic about this collaboration, emphasizing the allure of Oatly's products paired with Insomnia Cookies' treats.
The 11oz Oatly drinks are available for purchase in-store or through different online platforms, marking an expansion of Oatly's presence in the U.S. foodservice sector.
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According to data from Benzinga Pro, Oatly Group has a 52-week high of $3.16 and a 52-week low of $0.44.
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