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Yikes, this news isn't going to help Petco's free-falling stock.
Petco's IPO price was $18. Now breaks below $4 for a -78% decline.
Just what Petco doesn't need ... another retailer with scale and financial clout entering its pet wellness market.
Makes perfect sense for Walmart $WMT to do this.

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Walmart Opens First-Ever Pet Services Center in Dallas, Georgia
At Walmart, we’re committed to offering low prices to our customers to help them save money and live better – and that commitment extends to the entire family, including furry friends.

Jazzi Young's avatar
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