Chewy is trading 4.2% up at $23.93 amid a strong risk-on session for U.S. equities and consumer discretionary stocks.
- The move appears aligned with broad market optimism and a rally in the consumer discretionary sector, as no fresh company-specific news was reported today.
- Easing geopolitical and macroeconomic concerns are providing a lift to cyclical and growth-oriented names across the market.