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Shares of online pet products retailer Chewy went on a wild ride Monday after Keith Gill, the influential meme stock trader also known as ”Roaring Kitty,” revealed a large stake in the company.
Stock influencer Keith Gill, known as "Roaring Kitty," unveiled a 6.6% stake in Chewy on Monday, a surprise move that alarmed executives at the U.S. pet products company. The Chewy stake, disclosed in a Securities and Exchange Commission filing,
Shares of the company shot up last week after Keith Gill, the face behind the GameStop short squeeze, signaled his stake in the company. Just weeks after Keith Gill—the leader behind the famous 2021 GameStop short squeeze—staged an eventful return to the internet,
Roaring Kitty is now one of the five biggest shareholders in Chewy. He sent the stock soaring last Thursday with a simple picture of a dog.
By Manas Mishra (Reuters) -Shares of Chewy fell on Monday after a brief surge driven by a filing that showed Keith Gill, the stock influencer known as "Roaring Kitty", had bought a 6.6% stake in the pet products e-retailer.
The stock price of online pet retailer Chewy went for a ride on Monday after one of the internet's most-followed investors revealed that he had bought up shares in the company.
Roaring Kitty reveals stake in Chewy big enough to make him 3rd largest investor in the pet retailer
Shares of Chewy fell Monday in volatile trading 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.
Keith Gill, the investor known as "Roaring Kitty" who helped spur the meme stock mania of 2021, was sued by GameStop investors who said they lost money through his "pump-and-dump" scheme for the videogame retailer.
A lawsuit accusing popular stocks influencer Keith Gill, better known as “Roaring Kitty,” of engaging in a “pump and dump” scheme involving GameStop Corp. shares was dropped within days of its filing.
The influential trader disclosed the stake in the online pet-products retailer days after posting an image of a dog on his X account.
Keith Gill, the meme stock trader "Roaring Kitty," thrust Chewy Inc into the spotlight when he made a $245 million bet on the online pet products retailer on Monday. What is Chewy and why has it attracted Gill's interest?
GameStop CEO Ryan Cohen is also the founder of Chewy, though Chewy hasn’t traded much like a meme stock so far.
Reasons to buy Chewy stock. At the end of March, Chewy had 19.98 million customers. This is enough to give the niche retailer significant negotiating power with Mars, Nestle, and
Key Takeaways GameStop shares fell in intraday trading Monday as the meme stock faces another day of volatility.Markets are reacting to news about Keith Gill, the trader known as "Roaring Kitty" who was a defining piece of the initial meme-stock craze of late 2020 and early 2021.
The filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips While fans of GameStop (NYSE:GME) may be reeling from the recent lawsuit
An expected fundamental recovery by Chewy later this year is at risk of being overshadowed by Keith Gill's stake, analysts at William Blair say in a research note. The analysts believe the online pet
Evercore ISI took a more fundamental look at Chewy (NYSE:CHWY) amid the drama of Roaring Kitty taking a 6.6% stake in the company. Evercore ISI's recent consumer survey indicated a positive, ongoing rising in online pet supplies adoption,
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chewy (NYSE:CHWY) stock is taking a hit after Roaring Kitty, whose real name
Chewy stock is volatile Monday after Keith Gill, the investor known as Roaring Kitty, disclosed a 6.6% stake in the online pet retailer. Here's what you need to know.
Join Our Telegram channel to stay up to date on breaking news coverage The CHEWY price surged 497% in the last 24 hours to trade at $0.0000000001105 as of 03:29 a.m. EST on trading volume that skyrocketed 1,
Dow, S&P 500, and Nasdaq futures are falling in premarket trading Tuesday as the stock market looks ahead to Tesla delivery numbers and Jobs data later in the week.
"Roaring Kitty" was one of the public faces of the meme stock craze of 2021, when amateur investors collaborated to raise the share prices of businesses like GameStop and AMC.
Keith Gill discloses 6.6% stake in Chewy, Chinese EV makers report delivery increases in June. Read the article to learn more details.
Meanwhile, the yield on the 10-year Treasury spiked, up to 4.481%. Chewy stock was falling after investor Keith Gill, also known as Roaring Kitty, disclosed a 6.6% stake in the pet-supplies retailer founded by GameStop CEO Ryan Cohen.
Chewy stock surged due to meme trade sentiment. It is expanding its strategic initiatives, but did not raise FY24 revenue guidance. Find out why CHWY stock is a Sell.