Streetbeat News

Wayfair Inc.

https://www.wayfair.com

Industry

Specialty Retail

Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Open

N/A

Mkt cap

N/A

Volume

N/A

High

N/A

P/E Ratio

N/A

52-wk high

N/A

Low

N/A

Div yield

N/A

52-wk low

N/A

Argus Research has downgraded Wayfair from a Buy to a Hold rating, indicating a more cautious outlook on the company's stock performance.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:27 pm

Retail stocks are seeing a boost due to strong New Home Sales data for July and positive economic outlook from Fed Chair Powell, hinting at potential future rate cuts.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:42 pm

The article highlights significant options activity in the Consumer Discretionary sector, focusing on trades involving companies like TSLA, LAZR, BABA, TPR, W, AMZN, CZR, LI, NKE, and NIO. These activities include both bullish and bearish sentiments, with various expiration dates and strike prices.

Portfolio Pulse from Benzinga Insights

August 15, 2024 | 5:35 pm

Shares of companies in the retail and consumer discretionary sector are trading higher following stronger-than-expected retail sales data and strong earnings from Walmart.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:54 pm

Home Depot's CEO highlighted that inflation and high interest rates are causing homeowners to delay renovations. This trend is reflected in the financial struggles of companies like Wayfair and LL Flooring, with the latter filing for bankruptcy. Despite a recent drop in mortgage rates, the home improvement sector remains under pressure.

Portfolio Pulse from Natan Ponieman

August 14, 2024 | 8:57 pm

Loar Holdings Inc. (NYSE:LOAR) reported better-than-expected second-quarter earnings and sales, leading to an 18.2% increase in its stock price. Other notable gainers include iLearningEngines, Inc. (NASDAQ:AILE), Starbucks Corporation (NASDAQ:SBUX), PACS Group, Inc. (NYSE:PACS), Pulse Biosciences, Inc. (NASDAQ:PLSE), and Clean Energy Fuels Corp. (NASDAQ:CLNE), among others.

Portfolio Pulse from Avi Kapoor

August 13, 2024 | 3:44 pm

Shares of retail, e-commerce, and consumer discretionary stocks are trading higher due to softer-than-expected July PPI figures, which may alleviate inflation concerns and boost consumer sentiment.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 3:40 pm

Shopify Inc (NYSE:SHOP) reported strong Q2 results, with revenue growing 20.7% YoY to $2 billion and net income of $171 million. Despite a challenging macroeconomic environment, Shopify's pricing power and internal payment systems contributed to its success. In contrast, rivals Etsy Inc (NASDAQ:ETSY) and Amazon (NASDAQ:AMZN) reported cautious consumer spending and missed estimates.

Portfolio Pulse from Upwallstreet

August 12, 2024 | 2:07 pm

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. The stocks mentioned include TSLA, EXPE, LVS, CMG, DUOL, HD, BABA, W, CVNA, and MCD, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 5:35 pm

Wayfair's (NYSE:W) short percent of float has risen 5.91% since its last report, with 21.82 million shares sold short, representing 32.25% of all regular shares available for trading. This increase in short interest suggests a bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.