Is David Einhorn Right About This Stock?

Shares of Chewy, which David Einhorn compared to, fell sharply on Wednesday.

(Michael Nagle/Bloomberg)

(Michael Nagle/Bloomberg)

David Einhorn was no doubt beaming on Wednesday, if only for one day.

Shares of online pet retailer Chewy, which went public in June, fell 6.15 percent after slumping nearly 9 percent earlier in the session, even though the company reported fiscal second-quarter results that exceeded many analysts’ expectations.


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