Sorry, dumb question here. I’m trying to figure out the market cap of Dutch Bros so I can calculate P/S, etc.
Shares outstanding is supposedly 34.56M. At share price of $50.50, market cap should be 1.7Bn.
However, yahoo finance and many other websites list the market cap at 8Bn+.
Can anyone describe the discrepancy here? It’s a huge difference obviously.
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