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3 Reasons Why Chewy Stock Is Out of Favor With the Market

·3 min read
3 Reasons Why Chewy Stock Is Out of Favor With the Market
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Chewy (NYSE: CHWY), a one-time market darling, is falling out of favor with the market as of late. The fall from grace can be attributed to several reasons, including but not limited to: rising costs for labor and advertising, reopening economies, and supply shortages. As a result, the costs to get people to work for Chewy are rising.