CAVA Group Open Price Indicating $42.50-$44/Share On 1M Shares; IPO Priced At $22/Share
Portfolio Pulse from Benzinga Newsdesk
CAVA Group's open price indicates $42.50/share on 1M shares, significantly higher than its IPO price of $22/share.
June 15, 2023 | 3:24 pm
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CAVA Group's stock price opens at $42.50/share, a significant increase from its IPO price of $22/share.
The news directly mentions CAVA Group and its open price of $42.50/share, which is almost double its IPO price of $22/share. This indicates strong demand for the stock and a positive short-term impact on its price.
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