Restaurant chain CAVA Group (CAVA) priced above the upwardly revised range, the first major IPO to do so since late 2021, raising $318 million at a $2.6 billion market cap. CAVA soared 99% in its debut and finished the week up 73%. The move was one of the best first-day performances for a $100+ million IPO in the past two years. CAVA is a leading national Mediterranean chain, with more than twice the locations of its next largest competitor in the category. … Continue reading “Restaurant Chain CAVA Group IPO Up 99%, One of Best $200+ Million Debuts”