The Squeeze is on for Petco Stock, Buy it When the Dust Settles
WOOFPetco Health and Wellness pany(WOOF) MarketBeat·2024-09-13 19:05

Petco Health and Wellness NASDAQ: WOOF stock price struggles are over. The steep 90% decline from peak to trough is over, and a bottom is in place, with a full technical reversal soon to follow. The reversal in price action will follow because of the company's bold move to hire Joel D. Anderson as CEO. Joel D. Anderson has over 30 years of experience in the retail industry, having served as CEO of Walmart and then Five Below. During his tenure, he grew Five Below’s store count by 300%, leveraging the growth ...