Dutch Bros IPO gets an extra shot (access required)

By: Sharon Fisher October 4, 2021 Comments Off

The Dutch Bros initial public offering (IPO) was more hyper than a six-shot Annihilator. The Bend, Oregon-based company announced on Sept.14 that it intended to offer 21,052,632 shares of stock at $23 per share — which was itself an increase from its planned price range of $18 to $20. That would have given the company a valuation of $3.3 billion. How did it do? On its first day, the stock closed at around $37 ...

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Dutch Bros IPO gets an extra shot

About Sharon Fisher