Advertisement
Canada markets closed
  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • DOW

    37,986.40
    +211.02 (+0.56%)
     
  • CAD/USD

    0.7275
    +0.0011 (+0.16%)
     
  • CRUDE OIL

    83.22
    +0.49 (+0.59%)
     
  • Bitcoin CAD

    88,142.53
    +949.84 (+1.09%)
     
  • CMC Crypto 200

    1,384.88
    +72.26 (+5.51%)
     
  • GOLD FUTURES

    2,402.10
    +4.10 (+0.17%)
     
  • RUSSELL 2000

    1,948.03
    +5.07 (+0.26%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     
  • VOLATILITY

    18.77
    +0.77 (+4.28%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • CAD/EUR

    0.6823
    +0.0002 (+0.03%)
     

Is Dutch Bros the Next Starbucks?

Dutch Bros (NYSE: BROS) coffee chain went public via IPO in late 2021. The company has been growing like a weed, but it recently reported earnings and the stock plummeted as much as 41% on the news. Has the selling pressure created a buying opportunity? When you hear statements like "the next Starbucks," you probably think to yourself, yeah right.