Dutch Bros. Inc.
A securities class action has been filed in the USDC – S.D.N.Y. against Dutch Bros Inc. (BROS) on behalf of persons and entities that purchased or otherwise acquired Dutch Bros securities between March 1, 2022 through May 11, 2022.
On February 23, 2023, Hedgeye published a note adding Dutch Bros as a “new short idea,” stating that “[t]he relentless focus on excessive unity growth and not balancing that with profitability can create long-term issues for the company” and that “[w]e don’t see the company generating enough [operating cash flow] to cover capital spending until FY2026 (and that might be a generous assumption).”
On this news, Dutch Bros’ stock price fell $3.97 per share, or 10.45%, to close at $34.02 per share on February 23, 2023.
If you suffered a loss on your investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below.
An attorney will contact you at no cost to provide you information about joining the action and answer your questions. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.