News Formal

Cava restaurant chain soars in stock market debut, hits $4.7B valuation

  • 📰 nypost
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 67%

مصر أخبار أخبار

مصر أحدث الأخبار,مصر عناوين

Investors are warming up to IPOs this year after a volatility-fueled 2022 curbed appetite for new listings and fueled a risk-off sentiment.

“The fact that CAVA is unprofitable and generating this level of interest is certainly an important development,” Matthew Kennedy, senior IPO market strategist at Renaissance Capital told Reuters, adding that IPO activity will gradually normalize in the second half of the year.

A banner for the Mediterranean restaurant chain Cava is displayed outside of the New York Stock Exchange on Thursday.“We think the markets are always welcoming long-term sustainable growth stories, especially category defining brands, as we try and define the Mediterranean category,” Cava co-founder and CEO Brett Schulman said.

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 91. in EG
 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

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.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

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.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »