Is eBay a Good Bet for Investors amid COVID-19?
eBay (NASDAQ:EBAY) is one of the companies that has benefited from the coronavirus outbreak. As a result, investors have flocked to eBay shares.
Chewy Reports Q1 Results, Gains Popularity Among Pet Owners
On Thursday, pet retailer Chewy (CHWY) reported its first-quarter results after the market closed. The company reported its earnings for the first time.
Chewy IPO: Online Pet Business Raises $1 Billion
Chewy is growing at a fast clip despite stiff competition from the likes of General Mills and Amazon. Chewy generated $3.5 billion in revenue last year, growing a robust 68% YoY. Unfortunately, like most high-profile companies that have gone public this year, the company is deep in the red.