1 Green Flag and 1 Red Flag for Dutch Bros Stock
Dutch Bros (NYSE: BROS) shot higher last fall following its initial public offering. The coffee chain, based in Grants Pass, Oregon, has developed a following with its unique offerings. And a rapid expansion effort had helped fuel the stock after it launched last September.
However, rising costs have slowed growth rates, and Dutch Bros has begun to sell off like other growth stocks. Amid these struggles, the coffee stock has exhibited both green and red flags that could affect it over time.
Dutch Bros has developed a following through its beverages. Its shops offer varieties of coffee as well as teas, energy drinks, lemonades, sodas, and other nonalcoholic beverages.
Source Fool.com