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Why Chewy Stock Was Diving This Week


A badly received quarterly earnings report was the major news item exerting gravity on (NYSE: CHWY) stock over the past few days. As a result, according to data compiled by S&P Global Market Intelligence, the company's share price had slumped by almost 15% week-to-date as of Thursday evening.

That sell-off happened even though Chewy actually topped analyst estimates for revenue and profitability, albeit not by vast amounts.

Image source: Getty Images.

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Source Fool.com

Chewy Inc Stock

€33.48
0.720%
The Chewy Inc stock is trending slightly upwards today, with an increase of €0.24 (0.720%) compared to yesterday's price.
With 41 Buy predictions and 2 Sell predictions Chewy Inc is one of the favorites of our community.
As a result the target price of 37 € shows a slightly positive potential of 10.51% compared to the current price of 33.48 € for Chewy Inc.
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