Meme stock trader Keith Gill, known as "Roaring Kitty," buys 6.6% stake in Chewy, causing shares to surge over 20%.
Meme stock trader Keith Gill, known as "Roaring Kitty," has taken a 6.6% stake in online pet retailer Chewy, causing the company's shares to surge by over 20% in pre-market trading. This announcement follows Gill's significant position disclosure in GameStop, which led to a 2021 meme stock frenzy. Chewy's shares have experienced volatile trading following the news, with the company's market cap rising to over $13 billion.
July 01, 2024
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