The Latest Breaking News from Wayfair Inc

As inflation continues to remain elevated and the Fed is unlikely to stop its rate hikes, the retail industry could remain under pressure due to dampened consumer spending. Therefore, investors could benefit from steering clear of fundamentally weak stocks Five Below (FIVE), GameStop (GME), Wayfair (W), Ollie's Bargain Outlet Holdings…

With inflation hovering near a 40-year high, the specialty retail industry is crippling. Since persistent economic headwinds make the industry’s prospects bleak, we think fundamentally-weak retail stocks GameStop Corp. (GME), Five Below (FIVE), and Wayfair (W) are best avoided now. Read on….

Wayfair Inc (NYSE: W) shares are trading lower Monday alongside several other companies in the broader consumer discretionary sector amid overall market weakness as a rise in bond yields weighs on stocks.

Wayfair Inc Class A's (NYSE:W) short percent of float has risen 4.82% since its last report. The company recently reported that it has 16.28 million shares sold short, which is 22.41% of all regular shares that are available for trading.

Wayfair Inc (NYSE: W) shares are trading lower Thursday after Wells Fargo analyst Zachary Fadem downgraded the stock from an Equal-Weight rating to an Underweight rating and lowered the price target from $110 to $100.

Wayfair (W) has benefited handsomely from the COVID-19 pandemic because while forced to stay at home for an extended period, individuals concentrated on home remodeling and beautification. However, surging inflation and the resumption of outdoor activities could impact the company's growth. So, let's evaluate if it is worth betting on…

Needham analyst Anna Andreeva lowered the price target on Wayfair Inc (NYSE:W) to $150 from $180 and maintained a Buy rating on the shares, implying a 37% upside. The analyst noted that the company's near-term trends remain under pressure amidst a volatile macro backdrop. Andreeva specified that Wayfair has a 2.4% penetration in its largest market,…

Wayfair Inc Class A's (NYSE:W) short percent of float has fallen 3.91% since its last report. The company recently reported that it has 15.49 million shares sold short, which is 21.38% of all regular shares that are available for trading.

Wayfair Inc (NYSE:W) reported a fourth-quarter FY21 sales decline of 11.4% year-on-year, to $3.252 billion, matching the consensus of $3.25 billion. International net revenue decreased 23% to $517 million, while the U.S. revenue declined 8.8% to $2.7 billion. The number of active customers reached 27.3 million as of December 31, 2021, a decrease…