Petco and Chewy shares experienced a surge in value on Thursday, following a post by Keith Gill, also known as “Roaring Kitty,” on his X account. The share prices of Chewy increased by as much as 28%, while Petco saw a spike of up to 13%. However, both stocks began to decrease as the market approached the closing time.
This brief rally in petcare company stocks occurred around 1:00 p.m. when Gill posted a picture of a dog on his social media account. Chewy traded at $35.75 per share at its peak before retracting the gain, and Petco briefly reached $3.66 per share before decreasing.
Keith Gill is known for his influence on the market, particularly with GameStop shares, which surged 74% after he shared a picture related to the company earlier this year. His subsequent posts revealed his ownership of 5 million shares, which he then increased to 9 million shares. Despite a recent decline in GameStop shares, there was a 3% increase on Thursday.
Quarterback Russell Wilson spent two disappointing years in Denver before moving on to Pittsburgh. Now,…
Dave Portnoy's sports betting hot streak may have ended, but that didn't stop the Barstool…
Chewy and Petco shares experienced a surge on Thursday, with Chewy's stocks rising as much…
Ayo Edebiri recently directed an episode on season three of "The Bear," where she made…
Health professionals in New Mexico are warning parents about an illness called acute flaccid myelitis…
The San Francisco Giants managed to secure a 13-6 victory over the Los Angeles Angels,…