HomeTechSoftwareStock Movers: CHWY, MDB, HPE, CIEN
Stock Movers: CHWY, MDB, HPE, CIEN

Chewy (CHWY) stock price was rising today after their strong earnings report was released. How does CHWY compare to other pet supply stocks like Petco (WOOF), Amazon (AMZN), and Wayfair (W)? Kevin Hincks weighs in on the company’s comeback story. Next, Mongodb (MDB) surpassed the first quarter earnings and revenue estimates. The MDB stock price was rallying today following the news. On the other hand, Hewlett Packard (HPE) missed slightly on their earnings call possibly due to inflation and supply chain issues. “Lately, analysts are continuing to lower their price targets on stocks, but are maintaining buy ratings,” Hincks says. Will weakness in cloud stocks continue? Finally, Ciena (CIEN) stock price was sliding after their earnings report was released. Ciena is a telecommunications networking equipment and software services supplier.

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