Drive-through drinks company Dutch Bros. is expanding east and bringing its Blue Rebel drinks with it

Drive-through drinks company Dutch Bros. is expanding east and bringing its Blue Rebel drinks with it
·7 min read

Shares of Dutch Bros., a Grants Pass, Ore.-based purveyor of coffee and other hot and cold drinks, soared 60% soon after they began trading on Wednesday in their first session as a public company. The stock, which is trading on the New York Stock Exchange under the ticker “BROS,” opened 41% above the $23 IPO issue price, which was itself above the proposed price range of $18 to $20. The company sold 21.05 million shares in the IPO to raise $484.2 million at a valuation of about $3.7 billion.

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting