Why Chewy Stock Popped Then Dropped Today
Chewy(CHWY) The Motley Fool·2024-07-01 14:50
Short-term moves are unpredictable but the long-term outlook is good for this cheap stock. Chewy's up-and-down day Is Chewy a value stock? Shares of pet e-commerce company Chewy (CHWY -3.71%) popped on Monday after a famous investor disclosed a massive stake in the business. But the move didn't hold. As of 10:15 a.m. ET, Chewy stock was down 4%. But it had been up by 10% in early trading and up even more than that in pre-market trading. Keith Gill -- also known as Roaring Kitty -- is famous for his love of ...