CHWY is trading 4.5% down at $18.16 as investors reassess yesterday’s upbeat reaction to the company's new $600 million senior secured term loan and extended ABL facility.
- The move represents a pullback from the prior session’s 6.5% jump, with no fresh company-specific headlines or earnings reported today.
- Shares are facing pressure amid a mixed broader market and ongoing concerns regarding valuation and growth expectations for the stock.