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CHWY

Chewy Slides After Analyst Downgrading

March 23, 2023 — 10:02 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Chewy, Inc. (CHWY) shares are sliding more than 5 percent on Thursday morning trade after the analysts downgraded following the fourth release of the fourth quarter results. Despite higher quarterly results, Deutsche Bank downgraded to hold from buy.

Currently, shares are at $35.83, down 5.10 percent from the previous close of $37.76 on a volume of 3,581,970.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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