Why Dutch Bros Stock Rallied This Week
Shares of the handcrafted beverages chain Dutch Bros (NYSE: BROS) are up 11% this week as of 4 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence.
While the market rebounded Wednesday following a 90-day ban on most of the tariffs recently proposed by the United States, Dutch Bros surged even higher.
With coffee commodity prices already nearly doubling over the last year, tariffs on these rising inputs were the last thing that Dutch Bros and its investors wanted to see -- and now they get a (temporary) reprieve.
Source Fool.com
