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PetSmart's Chewy raises $1 billion in its upsized IPO, becoming the latest money-losing company to go public (CHWY)
  • Chewy, the online pet products retailer controlled by PetSmart, is set to begin trading Friday on the New York Stock Exchange after pricing its initial public offering at $22 a share the prior evening.
  • That pricing was above the company's intended target, a source told Reuters.
  • Its offering is the latest in a hectic year for stock-market launches, with the cybersecurity company CrowdStrike and the freelance marketplace Fiverr going public this week. 
  • Visit Markets Insider's homepage for more stories.



Full "The Business Insider: The Money Game" article




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