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CAVA Group Shares Drop in Premarket Trading After Artal International Reduces Stake
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CAVA Group Shares Drop in Premarket Trading After Artal International Reduces Stake
Aug 27, 2024 4:40 AM

06:41 AM EDT, 08/27/2024 (MT Newswires) -- CAVA Group ( CAVA ) shares dropped more than 7% in recent premarket trading on Tuesday after the company in a regulatory filing on Monday disclosed Artal International's divesture of 6 million CAVA ( CAVA ) shares worth around $732 million.

Earlier in June, Artal International sold 3 million shares worth around $262 million.

Price: 115.80, Change: -10.00, Percent Change: -7.95

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