Meme Stock Hero 'Roaring Kitty' Dumps His Chewy Stake [Yahoo! Finance]
Petco Health and Wellness Company, Inc. - Class A (WOOF)
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Source: Yahoo! Finance
The investor, whose real name is Keith Gill, shook up the market in the summer when he posted a comic picture of a dog on his X account, followed by news he bought 9 million shares of Chewy. The news led Chewy shares to bounce around in Wednesday morning trading. Roaring Kitty " is roiling the markets once again, this time sending shares of Chewy ( CHWY ) yo-yoing. A regulatory filing showed the meme stock hero, whose real name is Keith Gill, has sold off his entire stake in the pet supplies retailer. Gill caused a spike in Chewy's stock price, along with that of rival Petco Health and Wellness ( WOOF ), in June when he posted a comic picture of a dog on his X site. They rose again in July when it was revealed Gill held a 6.6% position in Chewy, owning 9 million shares worth about $245 million at the time. Gill did not explain in the filing or on his X account the reason for his selloff. Chewy shares have moved up and down Wednesday morning, recently trading slightly lowe
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