Petco Stock Higher After Revenue Beat, C-Suite Change
WOOFPetco Health and Wellness pany(WOOF) Schaeffers Research·2024-03-13 22:33

Shares of Petco Health and Wellness Company Inc (NASDAQ:WOOF) are 7% higher to trade at 2.74,butearlierwasashighas2.74, but earlier was as high as 2.71 after the pet supply retailer's fourth-quarter revenue beat Wall Street's estimates. A major C-suite change happened, too, with CEO Ron Coughlin stepping down, and Michael Mohan taking point as interim. In response to the event and update, WOOF's typically quiet options pits are seeing an uptick in activity. So far, 1,321 calls and 899 puts have been traded so far -- six times the ...