Chewy stock briefly soars after ‘Roaring Kitty' discloses 6.6% stake

Shares of online pet food retailer Chewy surged more than 10% in pre-market trading on Monday after internet meme stock star "Roaring Kitty" revealed that he took a sizable stake in the company — before turning negative after the opening bell. Keith Gill, the popular social media influencer who commands an online following of more than 1.6 million users on X, filed disclosure forms with the Securities and Exchange Commission on Monday showing that he had amassed 9,001,000 Chewy shares, a 6.6% stake, worth a ...