Chewy Shares Plunge as 'Roaring Kitty' Discloses Stake in SEC Filing. Keith Gill Checks Box Stating, 'I Am Not a Cat.'

Chewy shares fell over 6% after initially jumping up to 10% when Keith Gill, known as 'Roaring Kitty', revealed a 6.6% stake in the company through a recent SEC filing. Chewy shares had risen over 34% last week after Gill posted a cartoon dog image on social media with the same blue color as Chewy's logo. Gill is known for his influence over meme stocks like GameStop, often moving prices through his social media posts of his positions. In his SEC filing, Gill checked a box stating, "I am not a cat," potentially referencing his 2021 congressional testimony over meme stocks.