Shares of online pet products retailer Chewy went on a wild ride Monday after Keith Gill, the influential meme stock trader also known as ”Roaring Kitty,” revealed a large stake in the company.
On Monday, Gill said in a Securities and Exchange filing that he purchased about 9 million Chewy shares (CHWY), amounting to a 6.6% stake in the company.
Chewy shares slipped about 5% mid-morning on Monday after jumping as much as 10% earlier in the session.
Chewy shares began gaining last Thursday after Gill, the individual investor who
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