The price of the initial public offering will be $ 23 per share
PORTLAND, Ore. (KOIN) – The Grants Pass-based coffee company Dutch brothers has exciting news in the works: its IPO.
Dutch Bros., which has steadily increased its number of coffee stalls in Oregon and the western United States, will begin its initial public offering of more than 21 million shares on Wednesday.
This means that anyone can buy shares in the company.
Dutch Bros. announced Tuesday afternoon that the initial price would be $ 23 per share. That’s higher than the initially estimated price per share, which was $ 18 to $ 20.
The company’s initial public offering will be listed on the New York Stock Exchange under the symbol BROS on Wednesday and is expected to close on Friday.
It’s exciting to have a good-sized IPO for an Oregon company because we don’t have a lot of them here, said Daniel Rogers, associate professor of finance at Portland State University. .
Rogers says that anyone should be able to buy stocks through any type of brokerage account, for example through companies like Robin Hood, Fidelity or Charles Schwab.
He says there might be some benefit to buying stocks when the market opens at 6:30 a.m. PT. He said if there was a lot of excitement surrounding the company, the stock price could climb higher throughout the day.
Sometimes the first day of trading is very unusually active and sometimes the price, let’s say, will appear on this first day. And so, it’ll be really interesting to watch, Rogers said.
Rogers says that the course of the price after the first day depends on the movement of the stock market as a whole. He says that right now the stock market is near all-time highs. He says there is always the risk that if the stock market weakens, the price of Dutch Bros. shares could go down.
When it comes to investing in a business, Rogers recommends people look at its potential for growth. He says Dutch Bros. will be required to file an S-1 report quarterly with the Securities and Exchange Commission, and investors can use these reports to keep an eye on the business.
The mention sources can contact us to remove/changing this article
What Are The Main Benefits Of Comparing Car Insurance Quotes Online
LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: [email protected]: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos
to request, modification Contact us at Here or [email protected]