Is the Hype Over for Cava Stock?
Cava Group (NYSE: CAVA) was one of this year's hottest new IPOs. The Mediterranean-style fast-casual restaurant chain has been hugely successful in growing its operations and drawing in customers. But its margins are thin, and profits haven't been all that impressive. And despite seemingly improving quarters, the stock can't seem to pick up any steam of late.
Has the hype died down around this stock, and is Cava a stock worth buying today?
When shares of Cava Group first went public in the summer, there was plenty of excitement around the business, which investors and analysts often compare to , for its growth potential. But in recent months, things have slowed significantly for the restaurant stock. Here's how sharply trading volumes have dipped:
Source Fool.com
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