Chewy Inc. NYSE: CHWY shares spiked as much as 29% in premarket trading Monday after Keith Gill— known online as "Roaring Kitty"—disclosed a 6.6% passive stake in the online pet food and product retailer. CHWY $30.28 52-Week Range $14.69 $39.46 Price Target $26.50 Chewy Today Chewy +3.04 (+11.16%) ▼ P/E Ratio 168.22 Add to Watchlist Keith Gill rose to fame during the GameStop stock surge in 2021, where his online persona, "Roaring Kitty," played a significant role in the meme stock movement. Monday's filing ...

Shares of Chewy popped in the premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader "Roaring Kitty" took a stake in the pet food e-commerce retailer. The stock was up more than 20% before the bell. The filing showed Keith Gill bought just over 9 million shares — amounting to a 6.6% stake in the company. That makes him the third-biggest Chewy shareholder, according to FactSet. Based on Friday's close, that stake is valued at more than $245 million. ...

Key Takeaways Chewy (CHWY) shares moved sharply lower Friday as some investors decided the meme stock hero known as "Roaring Kitty" wasn't signaling interest in the pet supply retailer. Roaring Kitty Drove Fresh Meme Stock Frenzy in May A big beneficiary was GameStop (GME), which saw its shares soar. A month later, Gill posted what appeared to show a large position in the video game retailer, driving up shares again. Later, when he held a livestream event to discuss the stock, investors seemed unimpressed. ...

Memes aren't what they used to be Chewy was a meme stock for a moment. The meme begins During the pandemic, there were huge moves in companies caught up in meme trades. There were short squeezes and massive option positions built and unwound by both retail investors and hedge funds. But the magic of meme mania hasn't had any staying power in the current market. Shares jumped as much as 10.6% mostly on Thursday, according to data provided by S&P Global Market Intelligence, but gave back most of those gains. ...

In spite of the fact that Zacks Rank and ABR both appear on a scale from 1 to 5, they are two completely different measures. Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns. Analysts' growing optimism over the company's earnings prospects, as indicated by strong agreement among them in revis ...

Keith Gill, a key player in the 2020 and 2021 meme-stock craze known as "Roaring Kitty," posted an image of a dog on X Thursday. Shares of Chewy and Petco briefly spiked higher Thursday after the post and were halted due to high volume. The stock swings come after Gill posted on social media in May for the first since 2021, sparking volatility in shares of GameStop and other meme stocks. GameStop, for its part, saw a share price spike of more than 10% Thursday to $26.69 before closing nearly 4% higher at $2 ...

Roaring Kitty is back at it again. Keith Gill, the man behind the most influential meme stock account in the world, is back to posting. Today's post on X, formerly Twitter, of a cartoon dog with its tongue hanging out has investors anticipating the meme trader may be targeting Chewy (NYSE:CHWY) next. This picture alone sent shares of CHWY stock up more than 11% in earlier trading, though the stock has since given up most of these gains this afternoon. Gill made a killing off of the previous meme stock surge ...

Retail stocks are in focus today, as investors await to unpack the Federal Reserve's preferred inflation gauge. Traders will use the reading and the performance of the retail sector to gather more insight on the state of the U.S. economy, as well as the future of the central bank's interest rate path. Kohls Corp (NYSE:KSS) is experiencing a much more subdued pullback this afternoon, last seen 0.5% lower at $23.15. The security was already underperforming on the year, sporting a 19.7% year-to-date loss. Like ...

Chewy, Inc. (CHWY) has made a strategic move to repurchase $500 million worth of its Class A common stock from Buddy Chester Sub LLC, an entity associated with BC Partners Advisors LP (BC Partners). This transaction, priced at $28.49 per share, is expected to retire 17,550,000 shares upon completion. Priced at a 5% discount to the Jun 26, 2024 closing price, this buyback underscores Chewy's confidence in its profitability and cash flow generation. Chewy considers this repurchase as an accretive use of capit ...

There's no doubt that the market's journey over the last few years has kept investors on their toes. The bull market continues to be in full swing, with the S&P 500 trading up 25% over the trailing 12 months while the Nasdaq Composite is up 30% in that same time frame. Sometimes, this can create a compelling opportunity for investors to put cash into companies with promising paths to future growth at cheaper-than-usual valuations. Here are two such companies to consider as you research stocks for your portf ...