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Why Chewy Fell to a 52-Week Low Today


Shares of pet food e-commerce leader (NYSE: CHWY) were plunging today, down 5.3% and reaching an ignominious 52-week low.

There wasn't too much in the way of company-specific news today. However, as a growth stock that is highly dependent on consumers continuing to buy pets and then buy more products for them, the stock wasn't helped by today's weaker-than-expected consumer sentiment survey from the University of Michigan.

Oh, and widely followed stock commentator Jim Cramer had a pessimistic take on the stock on his show last night, too.

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Source Fool.com

Chewy Inc Stock

€19.39
-1.000%
The price for the Chewy Inc stock decreased slightly today. Compared to yesterday there is a change of -€0.195 (-1.000%).
With 50 Buy predictions and not a single Sell prediction Chewy Inc is an absolute favorite of our community.
As a result the target price of 36 € shows a very positive potential of 85.71% compared to the current price of 19.39 € for Chewy Inc.
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