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Stock impact report

Roaring Kitty reveals stake in Chewy big enough to make him 3rd largest investor in the pet retailer [Yahoo! Finance]

Chewy, Inc. Class A (CHWY) 
Last chewy, inc. class a earnings: 12/9 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Shares for Chewy jumped in premarket trading early Monday, July 1, 2024, after a regulatory filing disclosed that Roaring Kitty, an investor at the center of the meme stock craze, had taken a 6.6% stake in the online pet retailer. (AP Photo/Richard Drew, File) ASSOCIATED PRESS NEW YORK (AP) — Shares of Chewy were volatile at the opening bell Monday after a regulatory filing revealed that Roaring Kitty, an investor at the center of the meme stock craze, has taken a 6.6% stake in the online pet retailer. Roaring Kitty, whose legal name is Keith Gill, bought more than 9 million shares of Chewy last week, the Securities and Exchange Commission filing shows. Based on Friday's $29.05 closing price, that amounts to a value of over $261 million — making him the company's third-largest shareholder. Shares jumped more than 20% before the opening bell. After rising 5% when markets opened, shares of Chewy Inc. slipped 3%. Chewy, based in Florida, did not immediately respond to a request Show less Read more
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