Chewy shares are trading lower after rising Monday on a stake from investor Roaring Kitty.
Portfolio Pulse from Benzinga Newsdesk
Chewy shares are trading lower after a rise on Monday due to a stake from investor Roaring Kitty.
July 02, 2024 | 2:57 pm
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Chewy shares are experiencing a decline after an initial rise on Monday, which was driven by a stake from investor Roaring Kitty.
The initial rise in Chewy's stock price due to Roaring Kitty's stake has been followed by a decline, indicating a potential short-term correction or profit-taking by investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100