Chewy Gains, GameStop Adds Bitcoin, Trade Desk Upgraded

On this episode of Stock Movers: - Chewy (CHWY) shares rise after the online pet products retailer reported fourth-quarter net sales that beat estimates. Additionally, the company issued guidance for the metric in the first quarter that came ahead of consensus forecasts.- GameStop (GME) shares jump after the struggling video-game retailer that became a favorite of retail traders during the meme stock frenzy said its board approved a plan to add Bitcoin as a treasury reserve asset. The company also reported fourth-quarter net sales that tumbled 28% year-over-year.- Trade Desk (TTD US) shares edge higher after CFRA upgraded the advertising-technology company to buy from hold. The stock had fallen more than 55% off a December peak, and the “valuation is extremely enticing” after that drop, while “growth rates and margins remain healthy,” analyst Angelo Zino writesSee omnystudio.com/listener for privacy information.