1 Growth Stock Down 85% to Buy Right Now
Chewy(CHWY) The Motley Fool·2024-03-16 06:00
In retrospect, there's no denying that Chewy (CHWY 0.87%) shares rallied too fast -- and too far -- in 2020. Oh, the move is certainly understandable. It was the middle of the pandemic, after all. People were stuck at home, cut off from other people and perhaps feeling a little lonely. Pets helped fill the void, and online retailer Chewy helped feed these pets.But as the swell of interest in pets cooled, so did interest in the stock. That's why Chewy shares are now down 85% from their early 2021 peak. The s ...