Cava shares are trading higher amid post-IPO volatility.
Portfolio Pulse from Benzinga Newsdesk
Cava shares experience post-IPO volatility, causing the stock price to trade higher.

June 16, 2023 | 12:37 pm
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Cava shares are trading higher due to post-IPO volatility.
Cava shares are trading higher as a result of post-IPO volatility. This is a common occurrence for newly listed companies as the market tries to find the appropriate valuation for the stock. Investors should be aware of the potential for increased price fluctuations during this period.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100