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After setting an initial IPO price range of $17 to $19 per share, later raising the interval to between $19 and $20, Cava priced at $22 per share.The fast-casual restaurant chain is not TechCrunch+ usual topic fare, but as the company was heavily backed by private capital during its early life 鈥?including some venture capital dollars 鈥?and how starved we have been for any d
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jordan uld react to new growth stories, well, we ;ve paid attention.So, too, were the public market types, it seems, as Cava shares opened today at $42 per share and are currently trading at $42.33, up more than 92% from the company IPO price.The IPO was a win from a pricing perspective, with the company easily besting the price area we had tipped for it. It was a winner of a fundraising event as well, with the company selling 14.44 million shares for a gross haul of $317.8 million. That figure will rise when its banks execute their un
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But this is just the beginnin
reebok club c 85 g. Voice recognition is expected to be an essential feature in future autonomous vehicles, which will see drivers ultimately surrenderi
hoka marathon schuhe ng the ability to control the car mechanically. Other applications for voice recognition are also emerging, including automated drones, two-wheelers and even air taxis.The upshot A market with significant growth potential and opportunities for investors and companies of
hokas all sizes.The opportunityThe share of cars featuring in-car connected services, which voice recognition requires, grew to 45% in 2020 from 30% in 2018, and is expected to reach 60% by 2024, according to IHS Markit. Automakers keen to improve the consumer experience are driving that growth, said Kyle Davis, IHS Markit senior analyst for vehicle experience and connected car, noting that one of the biggest aspects of the user experience is voice. Voice recognition is becoming more common, but that doesn ;t mean the technology is always
