Dutch Bros Is at $49. Should Investors Take Pause or Buy the Dip?
Dutch Bros stock dropped 18% after a strong earnings report. Here's why the sell-off may be an opportunity.
Overview
Like its energy drinks and custom lattes, Dutch Bros (NYSE: BROS) stock isn't for the faint of heart. The volatile stock has bounced between $44.58 and $74.02 per share over the last year. On the morning of Sept. 1, the share price sits near the bottom of that range at $48.73.
Is this the beginning of a long drawdown or an opportunity to buy a quality stock on the cheap?
Image source: The Motley Fool.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.