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Chewy’s Volatility Highlights Market Overreaction Amid Steady Growth
Chewy’s Volatility Highlights Market Overreaction Amid Steady Growth
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BTCCSquare news:
Chewy's stock swings reflect market hypersensitivity rather than fundamental weakness. Despite maintaining a stable $29-$43 trading range year-to-date, the pet retailer's 17% post-earnings drop last week reveals an exaggerated response to minor growth fluctuations.
Revenue growth remains robust at 8.6% YoY, with Q2 reaching $3 billion. The selloff appears driven by valuation concerns rather than structural issues, creating potential for recovery. As one analyst notes: "This is classic market myopia—punishing solid performers for failing to exceed inflated expectations."
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