Why Wayfair Stock Dropped and Then Recovered Today
Shares of Wayfair (NYSE: W) fell Thursday morning after the home-furnishings e-commerce company posted its fourth-quarter earnings report, but were back in the green by the afternoon.
As of 2:41 p.m. ET, Wayfair was up by 3.9% as tech stocks rallied later in the session. Investors seemed to spy buying opportunities after the market opened sharply lower on news of Russia's invasion of Ukraine.
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Source Fool.com
