Chewy, Petco Shares Swing as ‘Roaring Kitty’ Posts Dog Image
- Keith Gill posts on X under the moniker ‘Roaring Kitty’
- The cartoon animal face led to sharp jumps in both stocks
Chewy signage outside the New York Stock Exchange during the company's IPO in 2019.
Photographer: Michael Nagle/BloombergThis article is for subscribers only.
Chewy Inc. and Petco Health and Wellness Co. shares soared and quickly faded on Thursday after Keith Gill — known online as “Roaring Kitty” — posted a cartoon image of a dog on X.
Chewy, which ships supplies like pet food directly to customers, quickly lurched higher by as much as 34%, the most intraday since June 2019. Petco jumped as much as 12%, with both stocks triggering volatility halts along the way. The rallies were short-lived: Chewy closed down 0.3%, and Petco eked out a gain of 0.3%.