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Chewy and Petco Stocks Surge Briefly After Roaring Kitty's Dog Tweet

Keith Gill's cryptic social media post triggers significant but short-lived gains in pet-focused stocks.

  • Chewy's stock jumped 36% before closing nearly flat after Keith Gill's tweet featuring a cartoon dog.
  • Petco and PetMed Express saw similar brief spikes in their share prices following the post.
  • Gill, known for his role in the GameStop meme stock craze, recently returned to social media, fueling market volatility.
  • The tweet came a day after Chewy announced a $500 million share repurchase plan.
  • Gill's influence remains strong among retail investors, highlighting the impact of social media on stock trading.
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