Chewy shares are trading lower. The stock may be pulling back after it gained yesterday.
Portfolio Pulse from Benzinga Newsdesk
Chewy shares are trading lower today, possibly as a pullback after gains in the previous trading session.
June 28, 2024 | 2:37 pm
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Chewy shares are experiencing a decline today, which may be a natural pullback following gains in the previous session.
The decline in Chewy's stock price today is likely a result of profit-taking after the stock saw gains in the previous session. This is a common market behavior where investors sell off shares to lock in profits, leading to a temporary dip in the stock price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100