Chewy Kickstarts on Wall Street with $1 Billion IPO

Chewy Inc said on Thursday it evaluated its first sale of stock at $22 per share, over its objective, and sold more stock than initially arranged, esteeming the online pet products retailer at $8.77 billion. The IPO raises assets to help deal with the obligation heap of parent organization PetSmart, and shows speculator interest for … Continue reading Chewy Kickstarts on Wall Street with $1 Billion IPO

Netflix Shares Tank After Big Miss On Subscriber Growth

"Netflix's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's expansion is slowing. The company added 5.2 million customers from April through June, 1 million fewer than forecasts from Thomson Reuters I/B/E/S, as it added new programming including "Lost … Continue reading Netflix Shares Tank After Big Miss On Subscriber Growth