Chewy's Trading Volume Surges 258.92% to $864 Million, Securing 76th Spot in Daily Rankings

On June 24, 2025, Chewy's trading volume reached $864 million, marking a significant 258.92% increase from the previous day. This surge placed Chewy at the 76th position in the day's trading volume rankings. Chewy's stock price rose by 0.02%, marking the fourth consecutive day of gains, with a total increase of 4.48% over the past four days.

Chewy, Inc. has announced the pricing of an upsized offering of Class A common stock by a selling stockholder. The shares are priced at $41.95 each, and Chewy will not sell any shares or receive proceeds from this offering. Concurrently, Chewy plans to repurchase $100 million worth of shares from the selling stockholder, aiming to balance the potential dilution caused by the offering.

Chewy's stock has experienced volatility due to investor concerns over profitability. The company's recent financial results, which showed a dip in profitability, have disappointed investors who had high expectations. This has led to a slide in Chewy's stock price, reflecting the market's reaction to the company's financial performance.

Chewy has also announced that its Chief Financial Officer, David Reeder, will be departing the company. Despite this change in leadership, Chewy has reaffirmed its first-quarter guidance, indicating that the company remains confident in its financial outlook. This news comes as Chewy continues to navigate the challenges of the current market environment.