Cava Group (CAVA) Suffers a Larger Drop Than the General Market: Key Insights

Shares of the Mediterranean restaurant chain witnessed a loss of 14.58% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 1.58% and the S&P 500's gain of 2.14%. Cava Group (CAVA) ended the recent trading session at $79.99, demonstrating a -1.83% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.78%. Meanwhile, the Dow lost 1.29%, and the Nasdaq, a tech-heavy index, lost 0.7%. Analysts and investors alike will be keepi ...