Chewy Falls, Dollar Tree Rises, Planet Labs Jumps After Positive Revenue

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On this episode of Stock Movers:-Chewy shares (CHWY) fall after Jefferies analyst Kaumil Gajrawala cut the recommendation on the online retailer of pet products to hold from buy, writing that valuation appears “primed” for a first-quarter beat and raise that’s unlikely to happen.-Dollar Tree shares (DLTR) are up after JPMorgan upgraded the discount retailer to overweight from neutral.-Planet Labs shares (PL) jump after first-quarter revenue beat estimates. Analysts at Citizens said the satellite data provider had a “stellar quarter” and the stock remains an opportunity for long-term capital appreciation.See omnystudio.com/listener for privacy information.

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