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Why Cava Stock Jumped 25% in February
CAVACAVA (CAVA) The Motley Fool·2024-03-07 12:17

Shares of Mediterranean restaurant chain Cava (CAVA 3.29%) stock gained 25% in February according to data provided by S&P Global Market Intelligence. It reported strong fourth-quarter results and investors are excited about its potential.Looks like the real dealCava took the market by storm when it debuted as one of the only exciting initial public offerings (IPO) in a dry year last June. Investors have been following its trajectory to see if it can really make it as a popular and successful fast-casual res ...