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Why Chewy Stock Popped Today

TheMotleyFool

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Shares of Chewy (NYSE: CHWY) surged even though there was no news out on the online pet products seller. Instead, a blowout quarterly report from Zoom Video Communications (NASDAQ: ZM) seemed to be a catalyst for a slew of "coronavirus stocks" to finish higher, as investors renewed their bullishness for stocks getting a tailwind from the pandemic.

Chewy finished the session up 13.7%, while Zoom gained 40.8%.

Image source: Getty Images.

Source Fool.com

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