Previous Close | 12.20 |
Open | 12.20 |
Bid | 11.50 |
Ask | 15.90 |
Strike | 45.00 |
Expire Date | 2024-11-15 |
Day's Range | 12.20 - 12.20 |
Contract Range | N/A |
Volume | |
Open Interest | 21 |
Chewy Inc (NYSE:CHWY) stock picked up momentum on Monday. The company announced Friday that it would replace Stericycle Inc (NASDAQ:SRCL) in the S&P MidCap 400, effective before the opening of trading on Wednesday, November 6. S&P 500’s Waste Management Inc (NYSE:WM) will acquire Stericycle in a deal, pending final closing conditions. Goldman Sachs has pinpointed 20 stocks, including Chewy, with high short interest that could be poised for a short squeeze if upcoming earnings surpass expectation
Stericycle’s medical and document destruction assets now reside under WM's Healthcare Solutions division. While WM tried to grow in this market under prior leadership it often ran into stiff competition from Stericycle.