Cava IPO could spice up restaurant stocks, initial share price almost doubles

‘The Power of Conflict’ author Jon Taffer on the state of restaurants and teaming up with Shift4 for the launch of the SkyTab Rescue Mission contest.

began trading Thursday, marking just the 10th company to go public in 2023 while potentially giving a boost to other restaurant stocks. chain has seen its predicted price of $22 balloon roughly 88% to over $40 per share halfway through its first trading session.

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Mediterranean restaurant chain Cava stock soars more than 100% in market debutThe parent company of Mediterranean restaurant chain Cava started trading on the New York Stock Exchange.
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Mediterranean restaurant chain Cava stock soars as much as 107% in market debutThe parent company of Mediterranean restaurant chain Cava started trading on the New York Stock Exchange.
Weiterlesen »