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Stockreport

Chewy shares surge 63% in debut as investors bank on booming pet market [Reuters (UK)]

Chewy, Inc. Class A (CHWY)  More Company Research Source: Reuters
Last chewy, inc. class a earnings: 12/9 04:15 pm Check Earnings Report
Chewy shares surge 63% in debut as investors bank on booming pet market - Reuters 1 Min Read (Reuters) - Shares of Chewy Inc rose 63% in their debut, giving the online pet products retailer a market value of $14.35 billion, more than four times the price PetSmart paid for the company in 2017. The shares opened at $36, above their initial public offering price of $22. Indicating solid investor appetite for a piece of the $70 billion U.S. pet industry market, the offering was priced higher than the expected range and the company sold more shares than originally planned. Chewy raised $123.2 million from the offering and parent PetSmart will receive nearly $900 million. The online retailer of puppy shampoo and cat treats plans to use the funds to grow its pharmacy business and build its private brands. Reporting by Manas Mishra and Tamara Mathias in Bengaluru; Editing by Sriraj Kalluvila All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. [Read more]

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Stockreport

Chewy shares surge 63% in debut as investors bank on booming pet market [Reuters (UK)]

Chewy, Inc. Class A  (CHWY) 
Last chewy, inc. class a earnings: 12/9 04:15 pm Check Earnings Report
Chewy shares surge 63% in debut as investors bank on booming pet market - Reuters 1 Min Read (Reuters) - Shares of Chewy Inc rose 63% in their debut, giving the online pet products retailer a market value of $14.35 billion, more than four times the price PetSmart paid for the company in 2017. The shares opened at $36, above their initial public offering price of $22. Indicating solid investor appetite for a piece of the $70 billion U.S. pet industry market, the offering was priced higher than the expected range and the company sold more shares than originally planned. Chewy raised $123.2 million from the offering and parent PetSmart will receive nearly $900 million. The online retailer of puppy shampoo and cat treats plans to use the funds to grow its pharmacy business and build its private brands. Reporting by Manas Mishra and Tamara Mathias in Bengaluru; Editing by Sriraj Kalluvila All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. [Read more]

IMPACT SNAPSHOT
EVENT TIME:
CHWY
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

VOLUME RATIO
%

VOLUME (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS