Dutch Bros. Coffee Hits New York Stock Exchange

GRANTS PASS, Ore.--Dutch Bros. coffee is officially public on the New York Stock Exchange. The Oregon-based company launched its Initial Public Offering Wednesday. The stock, under the symbol BROS, opened at $23.00 a share and closed 61-percent higher at $36.68 The company raised about 484-million dollars making it the largest IPO in Oregon's history.

Dutch Bros. operates drive-thru coffee stands in eleven states.