NYSE:CAVAHospitality
Is CAVA Group Stock Price Justified After Recent Rebound Despite Steep 52% Annual Drop
Wondering if CAVA Group at around $56 a share is a hidden opportunity or just an overhyped growth story? Let us unpack what the current price is really implying about the company.
In the short term, the stock has bounced, with a 5.4% gain over the last week and 23.2% over the last month, even though it is still down roughly 51.3% year to date and 52.9% over the past year.
That swing in sentiment has come as investors digest CAVA's rapid store expansion and its positioning as a fast casual...