Why Cava Stock Plunged 30% in February
Shares of Cava Group (CAVA -7.77%) stock dropped 30% in February, according to data provided by S&P Global Market Intelligence. There was negative investor sentiment about economic policy, and the market was underwhelmed by management's 2025 guidance.Adding some spice to fast-casual diningCava operates a small but growing chain of Mediterranean-inspired fast-casual restaurants. The concept is catching on, and Cava has been reporting high growth since going public almost two years ago. Management sees a larg ...