Watch Decoding Roaring Kitty’s Move & Breakdown on Insider Ownership at Chewy Video

19 sec read

“The stock price of online pet retailer Chewy went for a ride on Monday after one of the internet’s most-followed investors revealed that he had bought up shares in the company.

“Chewy shares initially jumped 11% but have since turned negative, trading down 6% midday Monday.

“The turbulence comes after Keith Gill, the leader of the “meme stock” movement who is better known online by the handle “Roaring Kitty,” revealed he had taken a significant stake in the company.”

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