Restaurant chain Cava Holdings Inc. (CAVA) has seen a significant boost in its stock value, surging nearly 17% to $169.40 in premarket trading on Wednesday. This surge follows the company’s announcement of strong third-quarter earnings, surpassing analysts’ expectations largely due to growing consumer demand for its Mediterranean-inspired menu items like pita chips and grilled steak....
Subscribe to Updates
Get the latest news and updates directly to your inbox.
© 2025 Arcalis News. All Rights Reserved.