Chewy shares are trading higher. The stock may be up after retail purchases at online outlets rose in May.
Portfolio Pulse from Benzinga Newsdesk
Chewy shares are trading higher due to an increase in retail purchases at online outlets in May.
June 18, 2024 | 6:53 pm
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Chewy shares are trading higher following a rise in retail purchases at online outlets in May.
The increase in retail purchases at online outlets is a positive indicator for Chewy, which operates in the online retail space. This likely contributed to the rise in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100