Fast-Casual Restaurant Chain Cava Soars Past IPO Target Price In First Day Of Trading
The first debut of a restaurant in two years tests a hungry market at a volatile time.
Source: forbes.com
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Stock Market Today: Stocks Climb After Retail Sales, Cava IPO
It was a busy day of economic data, with most of Wall Street focused on May's stronger-than-expected retail sales report.
Source: kiplinger.com
Cava shares soar as much as 113% after IPO
Cava’s strong debut is another signal that the IPO window is creaking open after being virtually shut for more than a year.
Source: fortune.com
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 Assets
Source: yahoo.com
Cava Group is going public: 5 things to know about the fast-casual Mediterranean restaurant chain
Cava Group is planning to offer 14.4 million shares priced at $19 to $20 each, for a valuation of $2.2 billion.
Source: msn.com