Is Petco (WOOF) Stock A Buy, Sell | 可愛寵物網

2021年6月25日—ThecorequestionforWOOFstockishowPetco'simpressiveresultsarebeingdriven.ReadmoretofindoutifPetcostockisabuy,sell, ...

The core question for Petco Health & Wellness (NASDAQ:WOOF[1]) stock is highlighted by a single statement on page 1 of the companys initial public offering prospectus filed in January. On page 1, Petco wrote that:

Over the last three years, we have transformed the business from a successful traditional retailer to a disruptive, fully-integrated, digital-focused provider of pet health and wellness offerings.

A number of investors remain skeptical that the transformation Petco cites will be all that meaningful. Short interest in WOOF stock is about 36% of the float, though that figure is amplified at the moment by locked-up post-IPO shares that will hit the market next month. And its difficult to contemplate a short case for Petco stock at this valuation that isnt based at ...