Wayfair Inc (NYSE: W) stock enjoyed a major increase of 10.3% on 1/19/24. The shares closed at $56.13. Moreover, exceptionally high trading volume at 419% of normal accompanied the advance. The stock has been exceptionally strong relative to the market over the last nine months but has declined -0.5% 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.
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