Reported about 1 year ago
Chewy stock, on Monday, had a volatile trading session after online investor Keith Gill, also known as 'Roaring Kitty,' disclosed a 6.6% stake in the company. This revelation caused Chewy (CHWY) shares to initially surge over 20% in premarket trading before decreasing by 5% in early trading. Gill owns 9.1 million shares of Chewy, purchased before a tweet from Roaring Kitty led to a significant increase in Chewy's share price.
Source: YAHOO