Amazon Rises, Cava Group Plunges, Capri Holdings Jumps on JPMorgan Rating
Stock Movers13 Elo 2025

Amazon Rises, Cava Group Plunges, Capri Holdings Jumps on JPMorgan Rating

On this episode of Stock Movers:
- Amazon (AMZN) shares rise. The company is now offering same-day grocery delivery in more than 1,000 cities and plans to bring the service to over 2,300 more by the end of the year, marking a major expansion as demand for food deliveries has remained resilient.
- Cava Group (CAVA) shares plunge after the company trimmed its annual sales guidance, citing slower quarterly sales growth. The company now forecasts sales at established locations to expand at most 6% this year, down from a previous forecast of as much as 8%.
- Capri Holdings (CPRI) rises as JPMorgan raised the Michael Kors owner to overweight from neutral, saying fewer markdowns and tariff mitigation measures are set to boost earnings.

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