NEW YORK --- PetSmart's online pet store Chewy is selling its stock in an initial public offering that may revive memories of the days when its breed of internet retailing seemed like a lost cause. The Dania Beach, Florida, company is setting out to raise $100 million, but that figure listed in documents filed Monday is likely to change in the weeks ahead as Chewy's bankers gauge investor demand for the IPO. If all goes according to plan, Chewy's share will trade under the ticker symbol "CHWY." https://twitter.com/Chewy/status/1122999004030218243 It marks the latest IPO in a parade of unprofitable technology companies led by ride-hailing services Uber and Lyft tryi...
Keep on reading: Chewy.com hopes to overcome gnawing Wall Street memories
from INQUIRER.net http://bit.ly/2VE26uc
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