During Tuesday, 581 stocks hit new 52-week lows.
Interesting Highlights From Today's 52-Week Lows
Meta Platforms (NASDAQ:FB) was the biggest company on a market cap basis to set a new 52-week low.
A whale with a lot of money to spend has taken a noticeably bearish stance on Chewy.
Looking at options history for Chewy (NYSE:CHWY) we detected 10 strange trades.
Investors who bought stocks during the COVID-19 market crash in 2020 have generally experienced some big gains in the past two years. But there is no question some big-name stocks performed better than others since the pandemic bottom.
Chewy Inc (NYSE: CHWY) shares are trading lower Monday alongside several other stocks in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.
Key Takeaways:
Boqii could face delisting from the NYSE after its market valuation fell out of compliance with NYSE rules
Company could delist through a management-led buyout and is likely to disappear from the NYSE main board within the next year
By Doug Young
Call it the incredible shrinking pet.
Benzinga Pro data, Chewy (NYSE:CHWY) reported Q4 sales of $2.39 billion. Earnings fell to a loss of $63.61 million, resulting in a 97.29% decrease from last quarter.