Why Dutch Bros Stock Skyrocketed on Thursday

The coffee purveyor delivered piping hot results for investors.Shares of Dutch Bros (BROS 19.57%) roared out of the gate on Thursday, spiking as much as 24.2%. As of 11:37 a.m. ET, the stock was still up 18.5%.The catalyst that sent the stock soaring today was its most recent financial report, as the company delivered a classic beat-and-raise quarter. Served up piping hotFor the second quarter, Dutch Bros generated revenue of $416 million, up 28% year over year. This fueled robust profits, as adjusted earni ...