CAVA Group: Holding For Now Despite Impressive Growth

Mario Tama 2023 was a less than stellar year for initial public offerings as the below graphic from Ernst & Young illustrates:   E&Y The number of IPOs in 2023 was lower than 2022 and considerably lower than 2021. Still there were a few notable IPOs from the prior year. Today, I’d like to discuss a founder-led company that debuted in 2023 that has caught the eye of numerous investors. That company is CAVA Group, Inc. (NYSE:CAVA) Let’s dig into the details to see how this company has performed since goin ...