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Why Dutch Bros Stock Lost 31% in November

·2 min read
Why Dutch Bros Stock Lost 31% in November
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  • BROS

Shares of Dutch Bros (NYSE: BROS) took a dive last month, as a solid third-quarter earnings report wasn't enough to counteract a widespread sell-off in growth stocks. According to data from S&P Global Market Intelligence, the stock finished November down 31%. The stock declined steadily over the course of the month, as investors rotated out of growth stocks because of fears over tightening monetary policy and rising interest rates.