Why Shares of Chewy Stock Soared This Week

Chewy keeps building momentum Room to keep running? Paired with the company's ongoing streamlining of its autoship and e-commerce operations, these highermargin opportunities make Chewy a promising investment -- even after its recent run. Still trading with a price-to-sales ratio of 1 -- compared to the S&P 500's average of 2.5 -- and authorizing a new $500 million share buyback plan in May, Chewy has most likely been buying back its own shares recently as well. Currently, Chewy is expanding into higher-mar ...