On 12/14/23, Wayfair Inc (NYSE: W) stock enjoyed a major increase of 12.7%, closing at $64.16. Moreover, this advance was accompanied by exceptionally high trading volume at 216% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 20.9% during the last week.
Current PriceTarget Research Rating
W is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.
Wayfair is currently unrated.
Rating Review
The stock is currently unrated.