Alert: Major Price Advance (12/14/23)-Wayfair Inc (NYSE: W).

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On 12/14/23, Wayfair Inc (NYSE: W) stock enjoyed a major increase of 12.7%, closing at $64.16. Moreover, this advance was accompanied by exceptionally high trading volume at 216% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 20.9% during the last week.

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Current PriceTarget Research Rating

W is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Wayfair is currently unrated.

Rating Review

The stock is currently unrated.

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