RTTNews | Jan 7, 2022 01:46PM EST

13:46 Friday, January 7, 2022 (RTTNews.com) - Shares of pet food maker Chewy Inc. (CHWY) fell another 6% on Friday despite the company not reporting any stock-specific news to affect the shares. The stock has been going down steadily since August and while it did recover in early November, the shares have again started to plummet on the market. Since mid-August, the stock has dropped almost 47%. Currently, the shares are trading hands at $49.24, down $3.65 or 6.90% since the previous close at $52.89. The stock opened at $50.79 in the morning. In the 52-week period, the stock has ranged between $48.08 and $120.00 per share.

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