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Dutch Bros $BROS 30-day option implied volatility is at 40; compared to its 52-week range of 30 to 81 into announcing the launch of a secondary public offering of class A common stock.
$BROS (-1.7% pre) Dutch Bros Inc. (BROS) option implied volatility into announcing the launch of a secondary public offering of class A common stock - SI https://t.co/38p1q7U6Jg
Dutch Bros $BROS fell 7% after-hours after it announced the launch of a secondary public offering of class A common stock. Then recovered. https://t.co/0DBcKx3gj3
Dutch Bros Inc. has announced the launch of a secondary public offering of Class A common stock. The offering includes 8.8M shares, which are being sold by TSG Consumer Partners. Following the announcement, Dutch Bros shares fell 7% after-hours but later recovered. The 30-day option implied volatility for Dutch Bros is at 40, compared to its 52-week range of 30 to 81. The stock was down 1.7% pre-market.