‘Roaring Kitty' takes Chewy stake
Chewy(CHWY) Fox Business·2024-07-01 23:55
Chewy shares were volatile on Monday after famed meme stock trader "Roaring Kitty," also known as Keith Gill, bought a 6.6% stake in the company. Gill bought just over 9 million shares of the online pet retail site founded by GameStop CEO Ryan Cohen, according to a filing with the U.S. Securities and Exchange Commission. The stake is valued at over $230 million. Ticker Security Last Change Change % CHWY CHEWY INC. 25.72 -1.52 -5.58% Cohen sold Chewy to the owners of PetSmart in 2017 for $3.35 billion. At th ...