PetSmart's Chewy raises $1 billion in its upsized IPO, becoming the latest money-losing company to go public (CHWY)

7:39am PDT - June 14th, 2019    jpmorgan - Business Insider

Chewy, the online pet products retailer controlled by PetSmart, is set to begin trading Friday on the New York Stock Exchange after pricing its initial public offering at $22 a share the prior evening. That pricing was above the company's intended target, a s…