Chewy shares are trading higher on continued volatility after 'Roaring Kitty' Keith Gill recently disclosed a 6.6% passive stake.
Portfolio Pulse from Benzinga Newsdesk
Chewy shares are trading higher due to continued volatility after 'Roaring Kitty' Keith Gill disclosed a 6.6% passive stake.
July 05, 2024 | 7:30 pm
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POSITIVE IMPACT
Chewy shares are experiencing increased volatility and trading higher after 'Roaring Kitty' Keith Gill disclosed a 6.6% passive stake.
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