Roaring Kitty Has a Big Chewy Position. Is It Time to Buy, Sell, or Hold the Stock?
The Motley Fool • 595 days
Low Materiality0/10
Information
After several days of speculation on social media, Keith Gill, aka Roaring Kitty, disclosed a 6.6% s...
Original sourceAI Summary
- Keith Gill's disclosure of 6.6% stake in CHWY led to a stock rally. - Chewy's large customer base gives it negotiating power with major pet product manufacturers. - Competition from Amazon is causing Chewy to lose customers. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Research Analysis
Market-Moving
- Keith Gill's disclosure of 6.6% stake in CHWY led to a stock rally.
- Chewy's large customer base gives it negotiating power with major pet product manufacturers.
- Competition from Amazon is causing Chewy to lose customers.
Key Facts
- Keith Gill's disclosure of 6.6% stake in CHWY led to a stock rally.
- Chewy's large customer base gives it negotiating power with major pet product manufacturers.
- Competition from Amazon is causing Chewy to lose customers.