Cava Stock Gains on Addition to S&P MidCap 400

Cava Stock Gains on Addition to S&P MidCap 400
Cava Group's shares rose as it joins the S&P MidCap 400, replacing Altair Engineering. The move is expected to boost demand for the stock, following an analyst's recommendation and potential growth prospects. Additionally, Angi will join the S&P SmallCap 600.