E-commerce pet products giant Chewy (NYSE: CHWY) was one of several companies that actually benefited during the pandemic as many people were forced to quickly change their shopping habits to minimize in-person contact with potential virus carriers. The initiatives include a free telehealth service for pets, a robust Autoship program, and an increasing variety of available items on its website. Let's look at these three somewhat underrated factors that have contributed to increased sales and helped the company become a growth stock. Read More...
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The Trade Desk Stock Split Is Imminent; Here’s What Investors Need to Know
Shares of The Trade Desk (NASDAQ: TTD) are about to get a whole heck of a lot cheaper, but it isn’t because the company is in any sort of trouble. In a press release announcing the move, management said that the “goal of the split is to make The Trade Desk stock more accessible to our employees and a broader base of investors.” Since The Trade Desk debuted on Sept. 21, 2016, at $28.75 a share, the stock has been on fire, climbing to roughly $592 as of this writing, gaining a massive 1,959%.
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