Why Chewy Stock Dropped on Thursday

Chewy (CHWY -7.43%) stock found itself in the doghouse on Thursday. Shares fell 6% through early afternoon trading, compared to a modest uptick in the S&P 500. That move contributed to a rough year for owners of the pet supply retailer, which is down over 50% in the past 12 months.Thursday's slump was sparked by some discouraging news on the earnings front .Barking up the wrong treeChewy executives reported Q4 operating results before the market opened, and Wall Street wasn't thrilled with the details. Whil ...