BlackRock acquired 13.9M Dutch Bros shares worth $776M. That's 0.01% of their equity portfolio (850th largest holding). The investor owns 7.74% of the outstanding Dutch Bros stock. The stake costed the investor $697M, netting the investor a gain of 11% so far.
24/7 Insights Wall Street expectations for where Dutch Bros Inc.
The latest trading day saw Dutch Bros (BROS) settling at $39.54, representing a +0.94% change from its previous close.
Dutch Bros shares are up 70% from the all-time low they touched in October. The stock's big gains reflect the underlying company's growth.
Dutch Bros has developed a strong brand and identity that's attracting customers. It's scaling efficiently and profitably.