August 23

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Chewy rises more than 70% in IPO

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Cat Behavior

New York( CNN Business) It was raining cats and dogs on Wall street on Friday: Online pet supplies retailer Chewy made its debut. And it was a strong one.

Chewy priced its initial public offering Thursday at $22 a share. That was above the expected range.

The company raised$ 1 billion from the stock sale and now trades on the New York Stock Exchange under the ticker symbol CHWY.

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