- Dutch Bros saw its stock rise by 57% on its first day of trading and achieved a market cap of over $6.2 billion.
- Dutch Bros has carved a unique niche in the coffee shop market, and trends in the U.S. coffee market will work in its favor.
- Dutch Bros's financial numbers range from positive to mixed, with high revenue growth but shaky (though positive) profitability numbers.
- The company is very expensive relative to competitors at its new price point, and investors should probably avoid this company for now.
For further details see:
Dutch Bros IPO: Good Business, Not So Good Price