(Bloomberg) — Chewy Inc. shares spiked as a lot as 29% in premarket buying and selling Monday after Keith Gill — identified on-line as “Roaring Kitty” — disclosed a 6.6% passive stake within the on-line pet meals and product retailer.Most Learn from BloombergThe disclosure with the US Securities and Trade Fee reveals Gill owns roughly 9 million Class A shares, price about $245 million based mostly on Friday’s closing worth. Shares of Chewy and Petco Well being and Wellness Co. briefly soared final week after Gill posted a cartoon picture of a canine on X.A consultant for Chewy didn’t instantly reply to a Bloomberg Information request for remark exterior of standard enterprise hours.Gill, who shot to fame in 2021 as he rallied retail merchants round GameStop Corp., returned to social media earlier this yr, setting off a risky interval for GameStop and different so-called meme shares.Each the online game retailer and the pet meals firm have one factor in frequent — Ryan Cohen — who co-founded Chewy and is GameStop’s present chief government officer. Shares of GameStop fell as a lot as 5.7% in premarket buying and selling on Monday after Gill’s disclosure was launched.Monday’s submitting lists June 24 because the date of occasion and contained a tongue-in-cheek reference to Gill’s Roaring Kitty persona. The doc submitted to the SEC’s Edgar database of company filings features a part for the reporting particular person to “designate whether or not you’re a cat.” It’s adopted by two verify containers, one which reads “I’m a cat.” and the opposite — which is marked — reads “I’m not a cat.”(Updates with extra element from the submitting.)Most Learn from Bloomberg Businessweek©2024 Bloomberg L.P.