The Next Chipotle? Cava Stock Briefly Hits All-Time High As Wall Street Eyes Major Expansion

July 13, 2023

in Markets

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Cava shares surged again Thursday to a fresh all-time high, making the burgeoning Mediterranean fast-casual chain one of the most valuable restaurant groups in the world and drumming up dreams that it could follow Chipotle’s growth trajectory.

Key Facts

Cava stock opened at an all-time high of $54.68 Thursday before tumbling nearly 5% in morning trading.

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The Next Chipotle? Cava Stock Briefly Hits All-Time High As Wall Street Eyes Major Expansion

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The Next Chipotle? Cava Stock Briefly Hits All-Time High As Wall Street Eyes Major Expansion

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