Keith "Roaring Kitty" Gill buys $245 million stake in Chewy
CBSN
Keith Gill, the meme stock investor who sent GameStop shares surging during the pandemic, has taken out a multimillion stake in Chewy.
Gill, who goes by the moniker "Roaring Kitty" on X and "DeepF------Value" on Reddit, bought more than 9 million shares of the online pet supply giant, according to a regulatory filing posted Monday. Based on Chewy's share price Friday, which was $27.24, Gill's purchase means he now has a $245 million stake in the company. Chewy's stock price surged as much as 15% Monday on news of Gill's investment.
Chewy didn't immediately respond to a request for comment Monday.
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