Alert: Major Price Advance (8/13/24)-Wayfair Inc (NYSE: W).

Wayfair Inc (NYSE: W) stock closed at $42.11 on 8/13/24 after a major increase of 10.2%. Moreover, above average trading volume at 137% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -5.1% during the last week.

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, W is expected to be a major Value Eraser.
Wayfair is currently unrated.
The stock is currently unrated.