Why Dutch Bros Stock Fell 19% in August
Dutch Bros(BROS) The Motley Fool·2024-09-05 18:27
It's a great opportunity to buy on the dip. Dutch Bros (BROS 1.72%) stock fell 19% in August, according to data provided by S&P Global Market Intelligence. It provided some guidance in its second-quarter earnings report that the market didn't like, and it was negatively impacted by news that the restaurant industry might be facing some trouble. The hot new name in coffee Dutch Bros is a chain of coffee shops that has recently developed a countrywide expansion strategy along with an initial public offering ( ...