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Why Dutch Bros Lost Nearly 16% in June

·2 min read
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Shares of coffee chain Dutch Bros (NYSE: BROS) stock declined almost 16% in June according to data provided by S&P Global Market Intelligence. There was no company-specific news in June, but the stock was volatile as inflation remained the hottest topic on investors' minds. Restaurant and retail sales are highly correlated with supply costs and inflation, and investors may be concerned about the company's ability to meet its sales and earnings forecasts in the coming quarters.