Five Below Inc. Stock Drops 25%, CEO Moves to Petco, Investors Advised on August 16th 100 Puts

Five Below Inc. ($FIVE) has seen a significant decline in its stock price, dropping 25% below yesterday's close and reaching levels last seen in mid-2018. Over the past five years, the stock has decreased by 30%. The company's CEO is reportedly moving to Petco ($WOOF). Investors are advised to secure profits on August 16th 100 puts as the stock has taken a significant hit, with options trading higher. The CEO's decision comes amid concerns about DJT's return to the White House and 50% Chinese tariffs.