About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup New ...

Topline Shares of Chewy fell over 4% Monday morning, following an earlier surge in trading for the pet retailer after trader Keith Gill—known online as "Roaring Kitty"—disclosed a 6.6% stake in the company founded by the now-CEO of meme stock darling GameStop. The meme stock trader is now the third-largest shareholder in the pet retailer. Gado via Getty Images Key Facts Chewy shares dropped to over $26 around 10 a.m., after surging as much as 29% in premarket trading. Gill purchased over 9 million Class A s ...

The turbulent rally comes days after the investor, known for triggering the meme-stock rally of 2021, posted an uncaptioned picture of a puppy on the social media platform X that briefly sent Chewy shares to a near one-year high on Thursday. Meme stocks – boosted by memes on social media – first emerged as a force three years ago, when amateur traders mobilized on platforms including Reddit to boost shares in GameStop. Shares of Chewy, which sells pet food as well as medicine online, have risen 15% so far i ...

Chewy Inc. NYSE: CHWY shares spiked as much as 29% in premarket trading Monday after Keith Gill— known online as "Roaring Kitty"—disclosed a 6.6% passive stake in the online pet food and product retailer. CHWY $30.28 52-Week Range $14.69 $39.46 Price Target $26.50 Chewy Today Chewy +3.04 (+11.16%) ▼ P/E Ratio 168.22 Add to Watchlist Keith Gill rose to fame during the GameStop stock surge in 2021, where his online persona, "Roaring Kitty," played a significant role in the meme stock movement. Monday's filing ...

Shares of Chewy popped in the premarket trading Monday after a Securities and Exchange Commission filing showed meme stock trader "Roaring Kitty" took a stake in the pet food e-commerce retailer. The stock was up more than 20% before the bell. The filing showed Keith Gill bought just over 9 million shares — amounting to a 6.6% stake in the company. That makes him the third-biggest Chewy shareholder, according to FactSet. Based on Friday's close, that stake is valued at more than $245 million. ...

Key Takeaways Chewy (CHWY) shares moved sharply lower Friday as some investors decided the meme stock hero known as "Roaring Kitty" wasn't signaling interest in the pet supply retailer. Roaring Kitty Drove Fresh Meme Stock Frenzy in May A big beneficiary was GameStop (GME), which saw its shares soar. A month later, Gill posted what appeared to show a large position in the video game retailer, driving up shares again. Later, when he held a livestream event to discuss the stock, investors seemed unimpressed. ...

Memes aren't what they used to be Chewy was a meme stock for a moment. The meme begins During the pandemic, there were huge moves in companies caught up in meme trades. There were short squeezes and massive option positions built and unwound by both retail investors and hedge funds. But the magic of meme mania hasn't had any staying power in the current market. Shares jumped as much as 10.6% mostly on Thursday, according to data provided by S&P Global Market Intelligence, but gave back most of those gains. ...

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Keith Gill, a key player in the 2020 and 2021 meme-stock craze known as "Roaring Kitty," posted an image of a dog on X Thursday. Shares of Chewy and Petco briefly spiked higher Thursday after the post and were halted due to high volume. The stock swings come after Gill posted on social media in May for the first since 2021, sparking volatility in shares of GameStop and other meme stocks. GameStop, for its part, saw a share price spike of more than 10% Thursday to $26.69 before closing nearly 4% higher at $2 ...

Roaring Kitty is back at it again. Keith Gill, the man behind the most influential meme stock account in the world, is back to posting. Today's post on X, formerly Twitter, of a cartoon dog with its tongue hanging out has investors anticipating the meme trader may be targeting Chewy (NYSE:CHWY) next. This picture alone sent shares of CHWY stock up more than 11% in earlier trading, though the stock has since given up most of these gains this afternoon. Gill made a killing off of the previous meme stock surge ...