Rob Wile is a breaking business news reporter for NBC News Digital.
One of the internet's most-followed investors — the leader of the 'meme stock' movement — revealed on Monday that he had bought up shares of the online pet retailer Chewy. The company's stock price rose more than 11% in early Monday trading after Keith Gill, known online by his handle 'Roaring Kitty,' revealed he had taken a significant stake in the company. Gill had foreshadowed the Chewy holdings in a post on X last week that was simply a dog emoji.
” Gill shot to fame in 2021 after becoming the de facto leader of an online-populist movement to purchase stocks of legacy brick-and-mortar companies like GameStop, AMC and Bed Bath and Beyond, with the stated goal of attempting to turn the companies around. It didn’t quite work — although the movement did successfully create losses for investors who were actively betting against the companies. But his trading has also been the subject of scrutiny.
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Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dogShares in the online pet food retailer popped on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X resembling its logo.
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Chewy stock jumps after trader Roaring Kitty posts picture of cartoon dogShares in the online pet food retailer popped on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X resembling its logo.
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Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all backShares of the online pet food retailer saw a big roundtrip after Roaring Kitty posted a picture on social media platform X resembling its logo.
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Chewy shares soar 23% as meme stock influencer Roaring Kitty reveals 6.6% stakeChewy shares soar 23% as meme stock influencer Roaring Kitty reveals 6.6% stake
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Chewy shares rally 20% after SEC filing reveals ‘Roaring Kitty’ Keith Gill has 6.6% stakeThe filing showed Roaring Kitty, whose legal name is Keith Gill, bought just over 9 million shares — amounting to a 6.6% stake in the company.
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Roaring Kitty swipes 6.6% of Chewy Inc, clarifies he is ‘Not a Cat’Keith Gill, aka Roaring Kitty from the GameStop saga, has disclosed a 6.6% ownership in Chewy Inc. According to a recent SEC filing, Gill holds 9,001,000 shares of Chewy’s Class A common stock, clarifying that he is “not a cat.”
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