Why Were Investors Selling Wayfair Stock Tuesday?
On this Market Foolery segment, host Chris Hill is joined by Million Dollar Portfolio's Jason Moser as they attempt to reason out why the market got spooked by Wayfair's (NYSE: W) second-quarter report. It beat expectations, is growing revenue at a rapid clip, and continues to operate in the same way that inspired its shares to move upward by more than 100% through 2017.
A full transcript follows the podcast.
Source: Fool.com
Wayfair Inc. Stock
€66.16
0.500%
The stock is one of the favorites of our community with 35 Buy predictions and 1 Sell predictions.
With a target price of 73 € there is a slightly positive potential of 10.34% for Wayfair Inc. compared to the current price of 66.16 €.