Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dog [CNBC]
GameStop Corporation (GME)
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Source: CNBC
Roaring Kitty, whose legal name is Keith Gill, has stirred up trading in speculative names such as GameStop by posting cryptic images and memes online. A picture of a cartoon dog appeared on his X feed Thursday afternoon, briefly driving up Chewy shares as much as 34% to $39.10. Chart There's also a deep connection between meme stock GameStop and Chewy. GameStop CEO Ryan Cohen was the founder and CEO of Chewy, who was instrumental in PetSmart's takeover of Chewy in 2017 and its subsequent initial public offering in 2019. Cohen joined the GameStop board of directors along with two other Chewy executives in January 2021, partly helping to fuel the initial GameStop rally. He later took over as GameStop CEO in 2023, leading a turnaround in the brick-and-mortar video game retailer. Shares in pet retailers like Chewy and Petco saw big spikes during the pandemic when stuck-at-home consumers adopted cats and dogs in droves – and then needed accessories such as new beds and leashes fo
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- Meme fatigue may be a factor with GameStop and Chewy [Seeking Alpha]Seeking Alpha
- Specialty Retail Stocks Q1 Teardown: GameStop (NYSE:GME) Vs The Rest [Yahoo! Finance]Yahoo! Finance
- Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back [MSNBC.com]MSNBC.com
- Chewy stock jumps after 'Roaring Kitty' post [Yahoo! Finance Canada]Yahoo! Finance Canada
- Chewy stock spikes after 'Roaring Kitty' posts cryptic picture of dog on X [Yahoo! Finance Canada]Yahoo! Finance Canada
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