FILE - The logo for Chewy appears above trading posts on the floor of the New York Stock Exchange, June 14, 2019. Shares for Chewy jumped in premarket trading early Monday, July 1, 2024, after a regulatory filing disclosed that Roaring Kitty, an investor at the center of the meme stock craze, had taken a 6.6% stake in the online pet retailer.
Chewy, based in Florida, did not immediately respond to a request for comment from The Associated Press.a picture of a dog on social media platform X and sending Chewy's stock up more than 30% in intraday trading.. At the time, the video game retailer was struggling to survive — and big Wall Street hedge funds and major investors were betting against it, or shorting its stock.
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