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Home Forums Single Stocks Wayfair inc. Ticker symbol "W" Stock price doesn't make sense?

  • Wayfair inc. Ticker symbol "W" Stock price doesn't make sense?

  • Nathaniel B

    Member
    May 15, 2020 at 9:23 pm

    Does anyone have any thoughts or input on Wayfair? In the past month their stock has gone up 113.81% even though their earnings report posted a loss of $2.30 per share? Granted they had dropped quite a bit at the start of all of this just like most other companies but seemed to recover fairly well. From what I saw net revenue grew 20% from the previous year. Do you guys thing this company has legs as a disrupter in the home furniture market and potential as a big online retailer? I’m not sure and just wanted to see what everyone else thought. As well as how to make sense of massive increases in the stock price while showing big losses.

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