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Restaurant chain Cava sets IPO terms, could be valued at $2 billion

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axios.com/2023/06/05/restaurant-chain-cava-sets-ipo-terms-could-be-valued-at-2-billion

Cava, a fast-casual Mediterranean restaurant chain with over 250 locations, on Monday began pitching investors on an IPO that could value the company at more than $2 billion.
Why it matters: U.S. IPOs have been few and far between since the beginning of last year, so the entire market will pay close attention to Cava's performance.
• Were it to price and trade strong, this…

This story from axios.com was posted on 2023-06-05 by @frostspark.

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