Chewy stock surges 60% due to short squeeze after earnings report and buyback

From Nasdaq: 2024-07-05 15:03:16

Chewy stock surged 60% in a month due to short squeeze after impressive earnings report and share buyback. Motley Fool host Ricky Mulvey and analyst Tim Beyers discuss Chewy’s surge, Amazon’s new retail plan, and future of Paramount Global. Expert team of analysts issues “Double Down” stock recommendation for potentially lucrative opportunities. Amazon planning to launch service for cheap clothing and household goods from Chinese warehouses in response to competitive pressure.



Read more at Nasdaq: Chewy’s Bounce and Amazon’s Rise