Your Daily Brief For June 19th

Your Daily Brief For June 19th

6 months ago1 min

Today's Stories

Today's Insight

Your Brief Summary

In today’s Daily Brief, we'll be looking at the new restaurant kid on the block: Cava made its stock market debut last week.

"Cava's initial price had already been lifted a couple of times by investment bankers before the firm started trading... and then it doubled."

Key takeaways:

  • Cava, the Mediterranean answer to Chipotle, hosted a toast-worthy stock exchange debut
  • Wall Street mailed out more pink slips, even though stock markets are looking plush


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Disclaimer: These articles are provided for information purposes only. Occasionally, an opinion about whether to buy or sell a specific investment may be provided. The content is not intended to be a personal recommendation to buy or sell any financial instrument or product, or to adopt any investment strategy as it is not provided based on an assessment of your investing knowledge and experience, your financial situation or your investment objectives. The value of your investments, and the income derived from them, may go down as well as up. You may not get back all the money that you invest. The investments referred to in this article may not be suitable for all investors, and if in doubt, an investor should seek advice from a qualified investment advisor.

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