Spruce Point Issues Strong Sell Opinion On Oatly AB
Spruce Point Capital Management, LLC (“Spruce Point” or “we” or “us”), a New York-based investment management firm that focuses on forensic research and short-selling, today issued a detailed report entitled “Sour on an Oat-Lier Investment” that outlines why we believe shares of Oatly Group AB (NASDAQ:OTLY) (“Oatly” or the “Company”), face up to 30% to 70% intermediate-term downside risk, or $6.40 – $14.90 per share, and longer-term insolvency risk. Q2 2021 hedge fund letters, conferences and more For a business promoted as an ESG play and committed to transparency, Spruce Point finds several ...