|Bid||86.30 x 900|
|Ask||86.55 x 900|
|Day's range||85.42 - 87.83|
|52-week range||31.81 - 120.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||07 Jun 2021 - 11 Jun 2021|
|Forward dividend & yield||N/A (N/A)|
|1y target est||101.15|
Chewy (CHWY) closed at $86.60 in the latest trading session, marking a +1.22% move from the prior day.
(Bloomberg) -- Chewy Inc. bounced in New York trading on Tuesday after a person familiar with the matter said BC Partners, its private-equity sponsor, sold about $500 million of the stock in an overnight block trade.The unregistered trade of 6.1 million shares was priced at $82.50 each through Morgan Stanley, the person said. That was a 1.8% discount to Monday’s close. Chewy fell by as much as 2.1% in premarket trading, but finished the regular session up 4%.Tuesday’s gains add to a post-earnings rally in the online retailer of pet products. Chewy has now gained 8.7% since forecasting 2021 sales on March 30.The undisclosed stock offering launched on Monday after the market closed, Bloomberg previously reported.(Updates with the full session’s trading. A previous update added the bank behind the block trade in the second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Chewy (CHWY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.