Cava boosts its IPO price range, highlighting appetite for growth stories

How about we kick off the week with some good news?
This morning, American fast-casual restaurant chain Cava raised its IPO price range from $17-$19 per share to $19-$20 per share.
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As we reported during Cava’s IPO run, the company shares a number of similarities with other venture-backed, tech-enabled businesses that went public in and around 2021. That means this IPO is not a precise comparable for many startups that are waiting for the IPO market to

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