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Followers flock to Chewy and Petco after retail 'big brother' Gill posts dog photo

Followers flock to Chewy and Petco after retail 'big brother' Gill posts dog photo

Bitget2024/06/27 20:43
XOLDTOKEN0.00%GMESOL0.00%

After U.S. retail investor "leader" Keith Gill (aka "Roaring Kitten") posted a photo of his dog on social media platform "X," his followers flocked to pet product companies Chewy and Petco. Shares of Chewy, founded by Ryan Cohen, the former chief executive of GameStop and an investor in Bed Bath & Beyond, are now up nearly 3 percent to near $30, with a peak price of $39.10, after rising as much as 25 percent and experiencing a halt. Petco's shares spiked to $3.74 at one point.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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