Over 1 Year Ago
2 Min Read

CHWY down -8%. Some more information:



Chewy Inc (CHWY) is trading -8% lower at $42.415 today. The Consumer Discretionary sector is having a generally somewhat red day, this hasn't really affected the stock's share price, as it wavering behind other names in the space.

Perhaps Chewy is suffering from its association with Ryan Cohen, who some are accusing of using retail investors to pump his underwater Bed Bath & Beyond position.

Chewy Inc has been trading between a 52-week high of $94.25 and a 52-week low of $22.22. The stock has a market cap of $16.9 Billion.

Chewy's mission is to be the most trusted and convenient online destination for pet parents (and partners) everywhere. The Company believes to be the preeminent online source for pet products, supplies and prescriptions as a result of its broad selection of high-quality products, which its offers at competitive prices and deliver with an exceptional level of care and a personal touch. The Company continually develops innovative ways for its customers to engage with them, and partner with approximately 2,500 of the best and most trusted brands in the pet industry, to bring a high-bar, customer-centric experience to its customers.

Headlines


Ryan Cohen Just Tanked Meme Stocks GME, AMC, KOSS
InvestorPlace 08-19-22

Meme Stock Hero Ryan Cohen Used Retail Investors To Pump ''Extremely Underwater'' Bed Bath & Beyond Position, Strategist Says - BitcoinEthereumNews.com
Bitcoin Ethereum News 08-18-22

Meme Stock Hero Ryan Cohen Used Retail Investors To Pump ‘Extremely Underwater’ Bed Bath & Beyond Position, Strategist Says
Bitcoin Ethereum News 08-18-22

Bed Bath & Beyond tumbles after influential investor exits
WNYT 08-18-22

Stock Market Today: Stocks Struggle for Direction After Mixed Data
Kiplinger 08-18-22


As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

MoonArmy1977 - 13 upvotes - source
Time to short CHWY, payback is a bitch

datsundere - 7 upvotes - source
SHORT CHWY BRING IT DOWN TO THE GROUND

_-FallenArchangel-_ - 4 upvotes - source
Gme dead BBBY dead Chwy is next baby

teetotalingsamurai - 3 upvotes - source
IMO CHWY should be a penny stock, Fuck this clown

epinephrin3 - 3 upvotes - source
you apes need to short chwy to get back at cohen

Ken_gashi - 3 upvotes - source
Puts on CHWY

get_MEAN_yall - 2 upvotes - source
He's just salty CHWY didn't work out

SomnolentSomber - 2 upvotes - source
Meanwhile conman's "brain child" CHWY trading at 200+ PE and bleeding cash every quarter ![img](emote|t5_2th52|4275)

Adventurous_Paper_34 - 2 upvotes - source
We should all short chwy

larson00 - 2 upvotes - source
CHWY on Fridays makes some nice moves as well. lotto Friday baby