Why Chewy Stock Is Down This Year
Chewy (NYSE: CHWY) has been a big winner during the pandemic, but the stock is actually down this year. A combination of a sell-off in growth stocks and deceleration in its growth rate has pushed the stock lower this year.
In this episode of "Upgrade or Topgrade" recorded on Oct. 15, Fool contributors Jeremy Bowman and Parkev Tatevosian and Millionacres Editor Deidre Woollard discuss the pressure on Chewy and how the stock is positioned for the long term.
Source Fool.com