Nasdaq Surges Over 100 Points; Chewy Shares Fall After Q2 Results
1. CHWY's stock dropped 14% after Q2 results release. 2. Adjusted earnings were 33 cents per share, beating estimates of 14 cents. 3. Sales also surpassed expectations, hitting $3.104 billion. 4. Consumer discretionary sector fell by 0.8% on the same day. 5. Mixed market performance with Nasdaq gaining over 100 points.