CAVA Group sits at all-time high ahead of Q1 earnings

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Nasdaq,Food,Newstrading

CAVA Group (CAVA) is trading at an all-time high leading up to its earnings release, which is slated for the post-market on Tuesday, May 28.

Group is a Mediterranean food chain that is growing its location base at breakneck speed.

stock news Wall Street is expecting stock was rated as neutral in terms of momentum. S&P 500 FAQs What is the S&P 500? The S&P 500 is a widely followed stock price index which measures the performance of 500 publicly owned companies, and is seen as a broad measure of the US stock market. Each company’s influence on the computation of the index is weighted based on market capitalization. This is calculated by multiplying the number of publicly traded shares of the company by the share price.

stock has been riding the 12-day Exponential Moving Average for much of its recent run, but the 60-day EMA rode to the rescue during April's pullback. If earnings turn out lacklustre, expect

 

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