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Dutch Bros stock plunged on the update, falling 20% on Aug. 8 .
The reason for the sell-off seemed to be because the company said that new store openings for the year would now come in toward the lower end of its guidance range of 150 to 165 .
Punishing the stock for modestly slower expansion this year seems excessive and illogical.
Dutch Bros has less than 1,000 stores currently and a long growth runway ahead of it.
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