Reported 12 months ago
Chewy, Inc.'s stock price surged 28% in premarket trading after Keith Gill, known as 'Roaring Kitty,' disclosed a 6.6% stake in the US pet store. This disclosure, made in a filing with the US Securities and Exchange Commission, followed Gill's cryptic social media post of a dog, which caused Chewy's shares to reach a near one-year high. Gill, who gained fame during the 2021 meme-stock craze, previously revealed a substantial position in GameStop, contributing to the frenzy surrounding meme stocks.
Source: YAHOO