Why Dutch Bros Stock Lost 31% in November
Shares of Dutch Bros (NYSE: BROS) took a dive last month, as a solid third-quarter earnings report wasn't enough to counteract a widespread sell-off in growth stocks. According to data from S&P Global Market Intelligence, the stock finished November down 31%.
The stock declined steadily over the course of the month, as investors rotated out of growth stocks because of fears over tightening monetary policy and rising interest rates.
Source Fool.com