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.
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Cava’s strong debut is another signal that the IPO window is creaking open after being virtually shut for more than a year.
(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
Global fast food chain aims to reduce costs and ‘free up resources to invest in growth'
A group of unions filed a complaint against Starbucks Corp. with the US Securities and Exchange Commission, asking the agency to investigate how the c...
A group of unions filed a complaint against Starbucks Corp. with the U.S. Securities and Exchange Commission, asking the agency to investigate how the coffee chain accounts for unused money left on customers' stored-value cards and accounts.