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BreakingviewsOatly IPO pumps fresh air into plant-based stocks Karen Kwok A barista pours milk into coffee at Moko cafe in Warsaw, Poland May 7, 2017. Oatly (OTLY.O) often boasts its oat milk is particularly good for producing froth. The Swedish company has the same effect on investors. Shares in the maker of oat-based dairy substitutes opened 30% above their initial public offering price of $17 on Thursday, valuing it at around $13 billion. That should lure other purveyors of plant-based foods to the stock market. The company led by Toni Petersson has enjoyed a dazzling rise. Powered by sharp marketing slogans such as it’s like milk, but made for humans , and the backing of investors including Blackstone (BX.N) and Oprah Winfrey, Oatly has ridden the vogue for foods that produce fewer greenhouse gases and preserve water and land. Sales more than doubled to $421 million in 2020.

Howard schultzToni peterssonOprah winfreyNatalie portmanBlossom key holdingsBeyond meatGeneral millsChina resourcesஹோவர்ட் ஶுல்ட்ஸ்ஓப்ரா வின்ஃப்ரேநடாலி போர்ட்‌ம்யாந்அப்பால் இறைச்சிஜநரல் ஆலைகள்சீனா வளங்கள்