Dutch Bros Stock Plunges. Why the Stock Fell and Should Investors Buy the Dip?

The coffee chain still has a lot of growth potential. Shares of coffee chain Dutch Bros (BROS -1.32%) sank nearly 20% following its second-quarter earnings report as guidance disappointed investors. The decline pushed the stock into negative territory for the year. Was the sell-off an overreaction? And should investors scoop up the stock on the dip? Raised guidance not enough In the second quarter, revenue climbed 30% year over year to $324.9 million, which topped the analyst consensus by over$7 million. A ...