1 11, 2023

Wayfair Struggles With Dwindling Sales, But the Stock Still Gains 5%: 3 Reasons It’s Time to Sell

By |2023-12-07T19:48:40+00:00November 1st, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , |

Shares of Wayfair (W) fell more than 6% in pre-market trading early this morning, but have since rebounded. The stock now sits 5% higher than yesterday’s close. This all came after the company delivered its third-quarter earnings. Wayfair reported dwindling sales as fewer and fewer customers shop with the online retailer.  Total net revenue [...]

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22 09, 2023

Wayfair Gets a Bernstein Upgrade, But Does the VectorVest System Agree That It’s Time to Buy?

By |2023-12-07T19:50:29+00:00September 22nd, 2023|Categories: Feature: Stock Market Investing, Featured: News, Stock Market News|Tags: , , , , , , , |

Wayfair (W) investors got a nice surprise Friday morning as Bernstein changed its viewpoint on the company from Underperform to Market Perform. This adjustment came from analyst Nikhil Devnani who raised the price target for W from $60/share to $65/share. Wayfair has been on a run over the long term, up nearly 48% in [...]

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