Chewy shares are trading higher after William Blair said upside to active customers in Q2 creates a buying opportunity.
Portfolio Pulse from Benzinga Newsdesk
Chewy's shares are trading higher following a statement from William Blair that an increase in active customers in Q2 presents a buying opportunity.
August 29, 2023 | 7:48 pm
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POSITIVE IMPACT
Chewy's stock is trading higher due to William Blair's positive outlook based on Q2 customer growth.
William Blair's positive outlook on Chewy, based on the increase in active customers in Q2, has led to a rise in the company's stock. This suggests that the market is reacting positively to the analyst's comments, which could continue to drive the stock higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100