Chewy Inc Stock News

We're heading into the last few days of the year, and now makes a great time to think about what stocks you would like to own next year -- and beyond. You might want to get a head start on the new investing year by picking up a few quality players with solid long-term prospects.

Chewy.com, founded in 2011, excels in online retail for pet products, aiming to be the most trusted and convenient destination for pet parents. With 115K products and partnerships with 3500 brands, Chewy offers a comprehensive selection, including private label options. A strategic fulfillment network of 16 centers enables Chewy to deliver to over 80% of the US overnight and 100% within two days.

The return to social media of Keith Gill, also known as Roaring Kitty, thrust original meme stocks AMC and GameStop back into the spotlight in 2024.

Chewy's stock (NYSE: CHWY) has experienced a notable 47% surge in the last year to around $32 (Dec 18), garnering significant investor attention. Chewy's stock has plummeted 73% from its February 2021 peak of approximately $120 and currently trades at a level lower than its June 2019 initial public offering price ($35).

Shares of the online retailer of pet products wre up 4.5% Monday and were on pace for their largest percent increase since Nov. 20.

It's not easy to find compelling values on the stock market in normal times -- and these are anything but normal times. The S&P 500 is on track to finish its second consecutive year of 20%-plus gains, ensuring that most popular stocks are already trading near all-time highs.

Online pet supplies retailer Chewy (CHWY) announced that a firm connected to its biggest shareholder was selling off half a billion dollars in stock.

PLANTATION, Fla.--(BUSINESS WIRE)--Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, announced today the pricing of an underwritten public offering of 15,852,886 shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the “Selling Stockholder”), which is an entity affiliated with funds advised by BC Partners Advis...