NEW YORK--(BUSINESS WIRE)--Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of investors of Dutch Bros Inc. (“Dutch Bros” or “the Company”) (NYSE: BROS). Dutch Bros investors are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: www.bgandg.com/bros.
The investigation concerns whether Dutch Bros violated federal securities laws.
On February 23, 2023, Hedgeye published a note adding Dutch Bros as a “new short idea,” stating that “[t]he relentless focus on excessive unity growth and not balancing that with profitability can create long-term issues for the company” and that “[w]e don’t see the company generating enough [operating cash flow] to cover capital spending until FY2026 (and that might be a generous assumption).” On this news, Dutch Bros’ stock price fell $3.97 per share, or 10.45%, to close at $34.02 per share on February 23, 2023.
If you are aware of any facts relating to this investigation or purchased Dutch Bros shares, you can assist this investigation by visiting the firm’s site: www.bgandg.com/bros. You can also contact Peretz Bronstein or his law clerk and client relations manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
