Baird, for example, upgraded the stock from neutral to outperform in a report on Tuesday. This recent surge in positive sentiment towards Chewy is likely due to the company’s strong performance in the past year. The company has seen significant growth in its revenue and customer base, and its profitability has also improved.

Chewy, Inc. (CHWY) is a leading online retailer of pet supplies. The company’s stock has been experiencing volatility, with recent price fluctuations driven by various factors. **Key Points:**

* **Price Performance:** Chewy’s stock price has been fluctuating, with recent highs and lows reflecting market sentiment and investor confidence. * **Moving Averages:** The company’s 50-day and 200-day simple moving averages provide insights into the short-term and long-term trends in its stock price.

This increase in holdings suggests that Charles Schwab Investment Management Inc. is bullish on Chewy’s future prospects. Similarly, other institutional investors have also increased their stakes in Chewy. For example, Vanguard Group Inc. increased its stake by 1.5% in the fourth quarter, while BlackRock Inc. increased its stake by 0.5%. These increases in holdings indicate that institutional investors are optimistic about Chewy’s future prospects.