Wayfair Inc - Class A

NYSE: W
$62.75
+$1.02 (+1.7%)
Closing price April 11, 2024
Wayfair Inc. is a leading online retailer specializing in home goods, offering a vast selection of over thirty million products. From stylish furniture and décor to essential housewares and home improvement items, Wayfair caters to diverse customer needs through its various websites, including Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional. Known for its exclusive brands like Three Posts and Mercury Row, Wayfair has established itself as a go-to destination for everything home since its inception in 2002, with its headquarters in Boston, Massachusetts.
Monday's top analyst upgrades, downgrades and initiations included Agilent Technologies, Antero Midstream, Chewy, Domino's Pizza, eHealth, First Solar, Kraft Heinz, Newmont, Square, Tilray and...
Wayfair's excuse for layoffs was that the company wants to drive efficiencies. That is what most faltering retailers say.
The top analyst upgrades, downgrades and initiations for Friday included Adobe, Biogen, Bristol-Myers, Broadcom, Charles Schwab, Ciena, Etsy, Gilead, Oracle, Sarepta, Snap and Wayfair.
Thursday's top analyst upgrades, downgrades and initiations included Alphabet, At Home, Chewy, Etsy, Facebook, Nike, RH, Slack, Square, Verint, Visa and Wayfair.
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Sometimes 35% revenue growth comes at too large a cost. This is the case of the online direct-to-consumer furniture and home decor player Wayfair.
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Wednesday's top analyst upgrades, downgrades and initiations included Comcast, Diamond Offshore, Home Depot, KB Home, Liberty Global and Wayfair.
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The top analyst upgrades, downgrades and initiations seen on Friday included Apple, Applied Materials, Camping World, CarMax, Ensco Rowan, Foot Locker, Under Armour, Wayfair and Walmart.
When Wayfair reported its most recent quarterly results before the market opened on Thursday, the online retailer said it lost a fair amount this past quarter.
Walmart on Friday unveiled a curated collection of home furnishings available only on the company's website. Another online home goods seller is getting a nice share price bump from the announcement.