Dutch Bros Executive Chairman Travis Boersma sold 2.39 million shares worth about $106.4 million.
Dutch Bros' Q3 revenue rose 30% to $549.8 million, but EPS missed Street estimates.
On Stocktwits, retail sentiment jumped to 'extremely bullish' from 'bearish'.
Dutch Bros Inc. (BROS) stock plunged overnight as third-quarter (Q3) earnings miss and a $106.4 million stock sale by Executive Chairman Travis Boersma rattled investors, overshadowing revenue growth even as retail traders doubled down on the coffee chain's long-term potential.
Dutch Bros stock traded over 15% lower overnight. The stock had registered gains for the past three weeks.
#bros #Stock #executive #travis
Dutch Bros' Q3 revenue rose 30% to $549.8 million, but EPS missed Street estimates.
On Stocktwits, retail sentiment jumped to 'extremely bullish' from 'bearish'.
Dutch Bros Inc. (BROS) stock plunged overnight as third-quarter (Q3) earnings miss and a $106.4 million stock sale by Executive Chairman Travis Boersma rattled investors, overshadowing revenue growth even as retail traders doubled down on the coffee chain's long-term potential.
Dutch Bros stock traded over 15% lower overnight. The stock had registered gains for the past three weeks.
#bros #Stock #executive #travis
8 hours ago
