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Why Petco Stock Was Soaring Today

TheMotleyFool

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Why Petco Stock Was Soaring Today: https://g.foolcdn.com/editorial/images/778285/dogecoin-shiba-inu.jpg

Shares of Petco (NASDAQ: WOOF) were moving higher today after the pet products retailer posted better-than-expected results in its first-quarter earnings report, though the company is still struggling with declining revenue and profits.

As of 11:37 a.m. ET, the stock was up 30.6%.

Image source: Getty Images.

Source Fool.com

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