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 writes

Datadog Outlook Surges, Tapestry Declines with Eye on Q4, & Whirlpool Tumbles with Consumer Demand
05:05

DataDog Gains, Blue Owl Drops, Shake Shack Sinks After Revenue Miss on Beef Costs, Weather
03:57

Shake Shack Plunges, DataDog Soars, Citigroup Drops on ‘Underwhelming’ New Profitability Target
03:26