Dutch Bros Inc’s (NYSE: BROS) revenue growth is likely to outpace that of other “high-growth consumer companies,” as is its EBITDA growth, according to BofA Securities.
Toward the end of trading Monday, the Dow traded down 0.20% to 35,223.86 while the NASDAQ rose 0.68% to 14,998.54. The S&P also rose, gaining 0.19% to 4,480.05.
Bond traders are back to work on Tuesday after taking Monday off for Columbus Day. Bonds are trading higher this morning as yields are falling slightly. Lower yields could pull financial stocks lower on the day.
Dutch Bros Inc (NYSE: BROS) shares gained 15.7% on Monday, continuing the stock’s strong run following its September IPO.
Dutch Bros is off to a hot start to life on the public market and has now more than doubled its $23 IPO price.