Wall Street going vegan as Oatly IPO nears

Oatly, a Swedish company that manufactures a substitute for milk, will go public this week and the company is expected to see its valuation rise to $10 billion in the process. The attractiveness of the company's stock is in line with greater consumer acceptance of healthier and more sustainable food options, a trend that Oatly addressed in its prospectus. “We have a bold vision for a food system that’s better for people and the planet,” the company wrote.