Why Chewy Stock Is Down 77%, and Is It a Buying Opportunity?

By Parkev Tatevosian, CFA – Aug 21, 2024 at 7:00AM

NYSE: CHWY

Chewy

Market Cap

$20B

Today's Change

(1.45%) $0.69

Current Price

$48.18

Price as of June 6, 2025, 3:58 p.m. ET

The online pet retailer develops an excellent relationship with its customers.

Fool.com contributor Parkev Tatevosian discusses why Chewy (CHWY 1.45%) stock is great for long-term investors.

*Stock prices used were the afternoon prices of Aug. 17, 2024. The video was published on Aug. 19, 2024.

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chewy. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

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