3 Reasons Why Chewy Stock Is Out of Favor With the Market - NewsBreak
By Ulises in Business
Updated 3 years ago
Rising costs for labor and advertising could hurt profits in the near term. Reopening economies could cause customers to spend their money at brick-and-mortar stores. Out-of-stock levels remain high, leading to lost sales and potentially lost customers for Chewy. Chewy (NYSE:CHWY), a one-time market darling, is falling out of favor...