Cava Stock Falls from All-Time High as Executives Disclose Stock Sales
CAVACAVA (CAVA) Investopedia·2024-08-28 03:25

Key TakeawaysCava shares fell from their record high after a major shareholder and several executives sold shares.Cava CEO Brett Schulman and CFO Tricia Toliver were among those who disclosed stock sales.The moves came after the restaurant chain's shares soared on its better-than-expected results for the second quarter. Shares of Cava (CAVA) fell over 5% Tuesday after records showed a major shareholder and several executives sold shares. Cava CEO Brett Schulman sold 201,504 shares worth $24.9 million, accor ...