Chewy shares are rising after 'Roaring Kitty' Keith Gill discloses 6.6% passive stake in 13G filing.
Portfolio Pulse from Benzinga Newsdesk
Chewy shares are rising after 'Roaring Kitty' Keith Gill disclosed a 6.6% passive stake in a 13G filing.
July 01, 2024 | 10:10 am
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POSITIVE IMPACT
Chewy shares are experiencing an upward trend following the disclosure that 'Roaring Kitty' Keith Gill has taken a 6.6% passive stake in the company, as per a 13G filing.
The disclosure of a significant stake by a well-known investor like Keith Gill can boost investor confidence and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100