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
€91.30
-2.000%
With 40 Buy predictions and not a single Sell prediction Wayfair Inc. is an absolute favorite of our community.
As a result the target price of 99 € shows a slightly positive potential of 8.43% compared to the current price of 91.3 € for Wayfair Inc..
