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Chewy Let The Dogs Out

Video Credit: The Street - Duration: 01:07s - Published
Chewy Let The Dogs Out

Chewy Let The Dogs Out

Chewy is Real Money's Stock of the Day.

The Amazon of pet supplies is set to IPO on the NYSE today.

Shares are being priced at $22 per share, which is higher than the expected range of $19-$21.

RELATED: Jim Cramer Bites Into Chewy, Broadcom and What to Expect from the Fed Next Week Chewy was valued at $8.77 billion after more stock was sold than originally planned, as the company is proving to be popular among investors favoring the trend of "humanizing" pets among families.

Real Money Reporter Kevin Curran breaks down what numbers investors need to know.

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