CAVA Rises 110% in 6 Months: Can You Still Take Position?
CAVA (CAVA) ZACKS·2024-07-10 23:55
CAVA Group, Inc. (CAVA) has seen a significant increase in its stock price, which soared 110.2% over the last six months. This impressive performance comes in contrast to a 5.5% decline in the industry. The company's success can be attributed to its attractive, health-focused and highly customizable menu. As a result, CAVA has outpaced the broader Retail Wholesale sector, which rose 1.1%, and the S&P 500, which gained 8.6%, in the said time frame.The recent surge in CAVA stock has left many investors contem ...