Oregon-based coffee chain Dutch Bros (NYSE: BROS) has been off to a hot start since going public on September 15. In fact, today Dutch Bros stock trades at a price of just over $70 per share, more than triple what the company priced its IPO at originally.
With the market having already bid up Dutch Bros' stock this far, investors are likely asking themselves whether or not it's still worth paying such a pretty penny for this fast-growing, drive-thru operator. Let's take a look.
Image source: Getty Images.
For further details see:
Does Dutch Bros Deserve Its $11 Billion Price Tag?