CHWY - Pandemic favorites like Wayfair and Chewy rally on COVID developments as restaurant dine-in names fall

Serdarbayraktar/iStock via Getty Images Pandemic favorites like Wayfair ([[W]] +4.5%), Etsy ([[ETSY]] +2.4%), Nautilus ([[NLS]] +5.2%), Chewy ([[CHWY]] +5.6%), Blue Apron ([[APRN]] +2.2%), Kroger ([[KR]] +2.3%) and Albertsons ([[ACI]] +1.5%) are all notably higher in the morning session as the rapid rise in some areas of the U.S. of the Delta COVID variant and higher hospitalization rates recharge the stay-at-home trade of 2020. Meanwhile, the restaurant sector is getting hammered with dine-in names like Red Robin Gourmet Burgers ([[RRGB]] -6.5%), Dave & Buster's Entertainment ([[PLAY]] -6.2%), Ruth's Hospitality Group ([[RUTH]] -4.6%), Bloomin' Brands ([[BLMN]] -4.4%) and Cheesecake Factory ([[CAKE]] -4.2%) all in retreat. There is some concern within the industry that local restrictions and capacity rules could impact traffic in some parts of the U.S. once again or push back the expected recovery timeline. Earlier: Peloton Interactive pops and Planet Fitness falls in gym-off redux trade.

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Pandemic favorites like Wayfair and Chewy rally on COVID developments as restaurant dine-in names fall