PLANTATION, Fla., June 26, 2024--Chewy, Inc. (NYSE: CHWY) ("Chewy" or "Company"), a trusted destination for pet parents and partners everywhere, announced today that it has agreed to repurchase an aggregate of 17,550,000 shares of its Class A common stock, par value $0.01 per share, at a price per share of $28.49, which represents a 5.0% discount to yesterday’s closing price, resulting in an aggregate repurchase price of approximately $500 million (the "Repurchase") from Buddy Chester Sub LLC, w
Shares of Chewy (CHWY) are trading higher after Jefferies raised its price target on the company from $26 to $31, maintaining a Buy rating. Yahoo Finance Anchors Josh Lipton and Julie Hyman break down the latest developments for Chewy and what they could mean for the company moving forward. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
Good things could be on the horizon when a stock experiences a golden cross event. How should investors react?