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Chewy Stock Tumbles Further Following Thursday's 'Roaring Kitty' Spike
CHWYChewy(CHWY) Investopedia·2024-06-28 19:31

Key Takeaways Chewy (CHWY) shares moved sharply lower Friday as some investors decided the meme stock hero known as "Roaring Kitty" wasn't signaling interest in the pet supply retailer. Roaring Kitty Drove Fresh Meme Stock Frenzy in May A big beneficiary was GameStop (GME), which saw its shares soar. A month later, Gill posted what appeared to show a large position in the video game retailer, driving up shares again. Later, when he held a livestream event to discuss the stock, investors seemed unimpressed. ...