Wayfair shares are trading higher amid overall market strength following May PPI data.
Portfolio Pulse from Benzinga Newsdesk
Wayfair shares are trading higher due to overall market strength following the release of May PPI data.
June 14, 2023 | 5:02 pm
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Wayfair shares are trading higher due to overall market strength following May PPI data.
The positive May PPI data has led to overall market strength, which in turn has caused Wayfair shares to trade higher. As the market reacts positively to the data, investors are likely to see an increase in Wayfair's stock price in the short term.
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