Chewy shares opened 9% higher before reversing lower after Keith Gill disclosed a big stake.
AdvertisementShares in the online pet retailer Chewy opened 9% higher on Monday before reversing lower after famed meme-stock trader Keith Gill unveiled a multi-million-dollar stake.
The document shows he owns just over 9 million Class A shares, worth $245 million as of Friday's closing price.
As of mid-June, he held over 9 million shares in GameStop.
13G SEC Filing related to Keith Gill's Chewy stakeIn Monday's SEC filing, Gill also marked down that "I am not a cat."
Persons:
Keith Gill, Kitty, Gill, —, Chewy, that's, it's, Keith Gill's Chewy
Organizations:
Service, US Securities and Exchange Commission, Mizuho Securities, GameStop, Bloomberg, SEC
Locations:
Chewy, New York