Chewy stock fell 7.4% due to China imposing a 34% tariff on U.S. imports

From StockStory Communications: 2025-04-04 15:53:00

Chewy’s stock fell 7.4% after China imposed a 34% tariff on U.S. imports, responding to tariffs announced by the Trump administration. The market reacted to the news, but Chewy’s shares are known for volatility. The company had an impressive quarter 7 months ago, with revenue, active customers, and EPS exceeding expectations. The stock is down 7.7% since the beginning of the year and trading 21.5% below its 52-week high. Despite the drop, Chewy remains a strong player in the e-commerce pet supplies industry. Investors should consider the long-term potential of the company.



Read more at StockStory Communications: Why Chewy (CHWY) Shares Are Trading Lower Today