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Petco Raises $864M In Upsized IPO
Thursday, January 14, 2021 - 2:58am | 326Read More...Petco Health and Wellness Company Inc. announced Wednesday that it issued 48 million shares at $18 per share in its initial public offering. The issue price was higher than the earlier marketed price range of $14 to $17. What Happened: Petco is set to raise $864 million in the IPO and...
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Walmart Expands Pet Care Offerings, Chewy Sellers Play Fetch
Thursday, November 12, 2020 - 11:29am | 363Read More...The largest U.S. retailer is betting big on the surge in pet ownership during the pandemic by launching a new Walmart Pet Care omnichannel. What Happened: Walmart Inc (NYSE: WMT) announced Thursday that its Walmart Pet Care platform will serve Bentonville's 90 million...
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Why The PAWZ ETF Is The Perfect Pandemic Play
Tuesday, October 6, 2020 - 3:29pm | 549Read More...Most of the exchange traded funds benefiting from the coronavirus pandemic have human elements: e-commerce, video games and working from home, among others. What Happened: Up almost 37% year-to-date, the ProShares Pet Care ETF (CBOE: PAWZ) merits a place in the pandemic ETF conversation. As is the...
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Mary's Tails Pet Product Suite Now Available In 122 PetSmart Stores
Wednesday, May 13, 2020 - 11:46am | 345Read More...Mary's Tails CBD pet line is now available in select PetSmart stores. According to a Wednesday press release, this is the first hemp extract brand to be featured at PetSmart. Mary's Tails' line of six CBD products for both cats and dogs will be introduced to 122 stores across...
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Don't Bark At The Pet Care ETF
Tuesday, August 27, 2019 - 2:00pm | 483Read More...In what was a nice coincidence, the ProShares Pet Care ETF (CBOE: PAWZ) gained almost 1.5% on Monday, which also happened to be International Dog Day. What Happened Pet holidays are nice. After all, they give pet owners added reason to use the cameras on their smartphones and to post those pictures...
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Paws Up: The First Pets ETF Is Here
Wednesday, November 7, 2018 - 9:49am | 500Read More...Cue the cute cat videos from YouTube. The first exchange traded fund dedicated to the pet care industry, the ProShares Pet Care ETF (CBOE: PAWZ), debuted Tuesday. The new ETF tracks the FactSet Pet Care Index. That index is comprised “primarily of companies whose principal business is...
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Stifel Drops Bullish Zoetis Thesis After 108% Outperformance
Wednesday, August 22, 2018 - 8:40am | 414Read More...The bullish case for Zoetis Inc (NYSE: ZTS) has come to an end after the stock outperformed the S&P 500 index by 108 percent since spinning out from Pfizer Inc. (NYSE: PFE), according to Stifel. The Analyst Stifel's Jonathan Block downgraded Zoetis from Buy to Hold with a $95...
