Why Wayfair Stock Was Plummeting This Week
WWayfair(W) The Motley Fool·2024-08-09 20:57

A double miss on quarterly results is having lingering effects on the furniture and home goods retailer.Wayfair's (W 1.68%) online portal may be a popular destination for consumers shopping for furniture and home goods, but the company hasn't been popular on the stock exchange lately. According to data compiled by S&P Global Market Intelligence, its share price had fallen by almost 14% week to date as of Friday before market open. Analysts continued to get more bearish on the company following its discourag ...