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How Did So Many On Wall Street Underestimate the Stock Market? 6/15/23

CNBC's "Last Call"

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Kava's IPO Launch Sets Fire to Ice Cold IPO Market

Kava, a Mediterranean fast food chain, went public at $22. The company says it wants to be the chipotle of Greek-ish food. Tom Sausenov: Is this Kava launch of investor interest going to set fire to an ice cold IPO market? Heitzmann: I think everyone is expecting the first guys out of the box to do a smaller offering with good growth and cash flow positive.

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