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☆ There's a real appetite for growth stocks, says FirstMark's Rick Heitzman on CAVA's IPO
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's a real appetite for growth stocks, says FirstMark's Rick Heitzman on CAVA's IPORick Heitzmann, FirstMark Capital founder and managing partner, joins 'Last Call' to talk CAVA's big IPO and what it could mean for a previously sluggish IPO market.

Persons: Rick Heitzman, Rick Heitzmann Organizations: FirstMark Capital

☆ We're seeing a thawing in the IPO market, says NYSE President Lynn Matin following CAVA's IPO
▼ + stars: | 2023-06-15 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing a thawing in the IPO market, says NYSE President Lynn Matin following CAVA's IPOLynn Martin, NYSE President, joins 'Closing Bell Overtime' to discuss CAVA's big IPO day, the IPO market-at-large, and whether or not SPACs are a thing of the past.

Persons: Lynn Matin, Lynn Martin Organizations: NYSE

☆ A 'string of successes' fueling the IPO market, and the ETF that tracks it
▼ + stars: | 2023-06-14 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +2 min

"We do see a light at the end of the tunnel," Matt Kennedy, Senior IPO Market Strategist for Renaissance Capital, told CNBC's Bob Pisani on "ETF Edge" on Monday. Kennedy's firm runs the Renaissance Capital IPO ETF (IPO), which tracks the performance of newly public company stocks. According to Renaissance Capital, holdings in the IPO ETF cycle out three years after being listed on the market. The 10-year average of capital raised for new initial public offerings is $55 billion, but only $7.7 billion was raised last year, according to Renaissance Capital. Nearly the same amount has already been raised so far this year ($7.3 billion), fueling anticipation that the market is finally getting back on track.

Persons: Matt Kennedy, CNBC's Bob Pisani, Kennedy, They're Organizations: Renaissance Capital, Capital, Renaissance, ARM, Foods Locations: Snowflake, Airbnb, Cava, U.S, Fogo de Chao, Klarna

☆ Here’s our Monthly Meeting rapid-fire update on all 35 stocks in the Club’s portfolio
▼ + stars: | 2023-06-14 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all 35 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. In fact, he named Disney as the best Club stock to gift to a young grandchild. CEO Jim Farley's focus on only making profitable cars and trucks will be put to the test in the current quarter. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer's, Jim, Apple's, there's, Bausch, Estee Lauder, Fabrizio Freda, Berenberg, he's, Jim Farley's, Ford, Locker, Foot Locker's, Mary Dillon's, Patience, we're, Vimal Kapur, Johnson, J, Eli Lilly, Eli Lilly's, Mark Zuckerberg, Morgan Stanley, We're, James Gorman, enabler, aren't, Scott Sheffield, Coterra, PXD, Jim said, Stanley Black, Decker, TJ Maxx, Wells Fargo, Charlie Scharf's, Scharf, Wells, Wynn, Jim Cramer, Jim Cramer Rob Kim Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Devices, AMD, Nvidia, Amazon Web Services, Bausch Health, Caterpillar, Costco Wholesale, Costco, Humana, Coterra Energy, Disney, Emerson, Emerson Electric, National Instruments, Ford, Management, GE Healthcare, Halliburton, HAL, Honeywell, Johnson, Linde, LIN, Meta, underwriters, Cava, Microsoft, Palo Alto Networks, Natural Resources, Procter & Gamble, Constellation Brands, Modelo Especial, U.S, TJX, Marshalls, Home Goods, Wynn Resorts, WYNN, Starbucks, Las, Jim Cramer's Charitable Locations: Asia, China, California, Mounjaro, Palo, Wells, Las Vegas, Macao

☆ It only take one high profile deal to get people excited about the IPO market again, says Jim Cramer
▼ + stars: | 2023-06-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

It only take one high profile deal to get people excited about the IPO market again, says Jim Cramer'Mad Money' host Jim Cramer takes a closer look at the IPO market as a whole ahead of Cava's IPO later this week.

Persons: Jim Cramer

☆ Nvidia needs to dominate the A.I. market to justify its price point, says NYU's Aswath Damodaran
▼ + stars: | 2023-06-13 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailNvidia needs to dominate the A.I. market to justify its price point, says NYU's Aswath DamodaranAswath Damodaran, NYU School of Business professor, joins 'Closing Bell' to discuss Cava's IPO comeback and the multiples for big tech.

Persons: NYU's, Damodaran Organizations: Nvidia, NYU School of Business

☆ Mediterranean restaurant chain Cava files for IPO as revenue climbs
▼ + stars: | 2023-05-19 | by ( Amelia Lucas | ) www.cnbc.com time to read: +2 min

Mediterranean restaurant chain Cava saw its revenue rise 12.8% in 2022, according to regulatory filings released Friday as it filed to go public through an initial public offering. Over the last five years, it's converted Zoes' footprint into new Cava locations. Last year, the company's net sales climbed to $564.1 million, 12.8% higher than the year earlier. The company has 263 locations open as of April 16 and plans to open 34 to 44 new units by the end of the year. But investors might have an appetite for Cava stock despite concerns about a potential recession this year hitting restaurant demand.

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