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Money and the economyLesson 7 of 8

Part 1 of 3, 0 done

13 min

Stocks and shares: owning a slice, and what an IPO is

In June 2023 CAVA, a Mediterranean restaurant chain, sold shares to the public for the first time. It got its cash once. After that its share price rose a lot and then fell a lot, and CAVA's bank balance didn't move with it. Here's why.

Ticket 01 · The guess

A hundred dollars, half a year later

CAVA's annual report shows what $100.00sec.gov ·2025 of its shares, bought at the end of its first day of trading in June 2023, was worth later. What was it worth at the end of 2023?

$100
$0$200

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Sources and every number (1)

Sources

  • CAVA Group, Inc. Form 10-K for the fiscal year ended December 28, 2025 (cover page, stock performance graph, results) · CAVA Group, Inc. (filed with the U.S. Securities and Exchange Commission), 2025

Every number

  • $100.00sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth on that first day: the starting point.
  • $95.79sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2023.
  • $254.89sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2024.
  • $134.05sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2025.
  1. Lessons›
  2. Money and the economy
  • ·Before this: Tariffs and trade
  • ·Next: What a business is worth
Skip to the lesson

Money and the economyLesson 7 of 8

Part 1 of 3, 0 done

13 min

Stocks and shares: owning a slice, and what an IPO is

In June 2023 CAVA, a Mediterranean restaurant chain, sold shares to the public for the first time. It got its cash once. After that its share price rose a lot and then fell a lot, and CAVA's bank balance didn't move with it. Here's why.

Ticket 01 · The guess

A hundred dollars, half a year later

CAVA's annual report shows what $100.00sec.gov ·2025 of its shares, bought at the end of its first day of trading in June 2023, was worth later. What was it worth at the end of 2023?

$100
$0$200

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (1)

Sources

  • CAVA Group, Inc. Form 10-K for the fiscal year ended December 28, 2025 (cover page, stock performance graph, results) · CAVA Group, Inc. (filed with the U.S. Securities and Exchange Commission), 2025

Every number

  • $100.00sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth on that first day: the starting point.
  • $95.79sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2023.
  • $254.89sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2024.
  • $134.05sec.gov ·2025 · CAVA's stock performance graph in its Form 10-K for 2025: what a hundred dollars of its shares, bought at the market close on its first day of trading in June 2023, was worth at the end of 2025.
  1. Lessons›
  2. Money and the economy
  • ·Before this: Tariffs and trade
  • ·Next: What a business is worth