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27.06
0.39%
+0.1141
Why is Dutch Bros Inc (BROS) Stock down?
We've noticed a 5.76% decline in Dutch Bros Inc (BROS) stock during the 2024-03-22 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
11 May, 2023:
BROS's stock fell after the company reported results for the first quarter: system same-shop sales fell 2% and the net loss of $9.4 million. The fast-growing restaurant chain delivered the revenue growth investors would expect, but Wall Street was looking for stronger performance in same-store sales and earnings. The post-earnings drop wipes out most of the stock's year-to-date gains. The stock is trading 20% below its initial public offering price.
https://www.fool.com/investing/2023/05/10/why-dutch-bros-stock-collapsed-today/
3.39%
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