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Restaurant Chain Cava Faces Wall Street Review After Hot Debut

(Bloomberg) -- Investors are about to get a first look at what sell-side analysts have to say about Cava Group Inc. after the fast-casual restaurant chain delivered one of the biggest trading debuts in two years.Most Read from BloombergUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalMeta’s Threads App Draws Millions Seeking a Twitter AlternativeApple Plans a Slow, Appointment-Only Rollout of Its $3,500 Vision ProMusk Ultimatum to Taiwan Imperils Its Push to War-Proof I...
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Source: yahoo.com

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Restaurant Chain Cava Soars in Debut After $318 Million IPO

(Bloomberg) -- Fast-casual restaurant chain Cava Group Inc. almost doubled in its trading debut after exceeding the target for its initial public offering by raising $318 million, delivering one of the biggest first-day gains in two years.Most Read from BloombergA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementSocial Security Benefits Targeted for Cuts by House ConservativesStock Rally Is Deepening Beyond AI-Fueled Craze: Markets WrapAlphabet Selling Google Domains...
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Source: yahoo.com

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