Chewy stock goes on wild ride after ‘Roaring Kitty' discloses $245 million stake [Fortune]
Petco Health and Wellness Company, Inc. - Class A (WOOF)
Last petco health and wellness company, inc. - class a earnings: 7/26 04:00 pm
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Source: Fortune
The disclosure with the US Securities and Exchange Commission shows Gill owns roughly 9 million Class A shares, worth about $245 million based on Friday's closing price. Shares of Chewy and Petco Health and Wellness Co. briefly soared last week after Gill posted a cartoon image of a dog on X . Chewy has jumped more than 70% since the start of May, but remains 77% below its 2021 peak. “This is a game changer,” said Steve Sosnick, chief strategist at Interactive Brokers. “Having a position sizable enough to justify a filing is very different than signaling moves via cryptic memes.” A representative for Chewy didn't respond to a Bloomberg News request for comment. Gill, who shot to fame in 2021 as he rallied retail traders around GameStop Corp., returned to social media earlier this year, setting off a volatile period for the firm's shares as well as those of other so-called meme stocks. His reemergence sparked a short-term rally in GameStop shares, which the firm quickly capitali
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News
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Petco Health and Wellness Company, Inc. - WOOFPR Newswire
- Meme and highly shorted stocks are on watch after Roaring Kitty takes stake in Chewy [Seeking Alpha]Seeking Alpha
- WOOF ACTIVE INVESTIGATION: Contact Levi & Korsinsky if you lost money on your Petco Health and Wellness Company, Inc. investmentAccesswire
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims on Behalf of Investors of Petco Health and Wellness Company, Inc. – WOOFGlobeNewswire
- Peak ‘Roaring Kitty'? Dog-Tweet Rally Shows His Power and Limits [BNN Bloomberg (Canada)]BNN Bloomberg
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