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PetSmart's Chewy soars 64% in its market debut, becoming the latest money-losing company to go public (CHWY)

Business Insider Friday, 14 June 2019
PetSmart's Chewy soars 64% in its market debut, becoming the latest money-losing company to go public (CHWY)· *Chewy, the online pet products retailer controlled by PetSmart, is set to begin trading Friday on the New York Stock Exchange after pricing its initial public offering at $22 a share the prior evening.*
· *That pricing was above the company's intended target, a source told Reuters.*
· *Its offering is the latest in a...
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News video: Chewy Joins Successful Tech IPO Trend on First Day of Trading

Chewy Joins Successful Tech IPO Trend on First Day of Trading 06:29

Online pet food and supplies company Chewy owned by PetSmart got off to an impressive start on its first day of trading jumping nearly 60 percent from its IPO price closing at $34.99.

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