Wayfair's Shares Are Soaring Again as Coronavirus Relief Bill Nears Approval

Shares of Wayfair (NYSE: W) were surging again on Thursday, after the Senate's approval of a $2 trillion economic rescue package gave investors hope that couch-bound Americans might soon start spending again.

As of 12:00 p.m. EDT, Wayfair's shares were up about 17.5% from Wednesday's closing price.

Wayfair's shares have been on a tear, more than doubling since last week as details of the economic rescue package became clear and the bill moved closer to approval.

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Source Fool.com