Chewy (CHWY) Stock Drops Despite Market Gains: Important Facts to Note

The most recent trading session ended with Chewy (CHWY) standing at $15.61, reflecting a -0.61% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Coming into today, shares of the online pet store had gained 1.82% in the past month. In that same time, the Consumer Staples sector lost 1.51%, while the S&P 500 lost 4.16%.Inve ...