Petco Health and Wellness shares rise 3.16% premarket after securities fraud investigation announcement.
ByAinvest
Friday, Jul 25, 2025 9:18 am ET1min read
WOOF--
Petco Health and Wellness Company, Inc. rose 3.16% in premarket trading, following the announcement of a federal securities class action lawsuit against the company. The lawsuit alleges that Petco made false and misleading statements about the sustainability of its pandemic-driven growth and premium product strategy, contributing to significant declines in the stock price.
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