Why Petmed Express, Inc. Stock Surged 52% Last Month

Shares of PetMed Express, Inc. (NASDAQ: PETS) were soaring last month as the country's largest pet pharmacy smashed estimates in its first-quarter earnings report. According to data from S&P Global Market Intelligence, the stock rallied 52% in May.Image source: PetMed Express.As the chart below shows, nearly all of the gains came on May 8 after the quarterly report came out. Continue reading

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