Why Wayfair Stock Lost 9% Today
Shares of Wayfair (NYSE: W) were taking a dive, even though there was no company-specific news out on the online home furnishings retailer.
Instead, Wayfair got hit by rising Treasury yields, a sign investors think the Federal Reserve will be slower to cut interest rates than they previously did. Some economists now expect no cut at the next meeting in two weeks.
As a result, Wayfair finished the day down 9.3%.
Source Fool.com
Wayfair Inc. Aktie
87,76 €
12,83 %
Überwältigendes Buy-Interesse für Wayfair Inc.: 42 Buy-Einschätzungen ohne eine einzige Sell-Einschätzung.
Das Community-Kursziel von 89 € für Wayfair Inc. deutet auf ein leicht positives Wachstumspotenzial gegenüber 87.76 € hin.
