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Wayfair Stock Drops 9% So Far On Friday, Underperforms Market

ViaNews Editorial Team

February 10, 2023

Wayfair Stock Drops 9%  So Far On Friday, Underperforms Market
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(VIANEWS) - Shares of Wayfair (NYSE: W) slid 9.1% to $52.65 at 14:08 EST on Friday, after five successive sessions in a row of losses. NYSE is rising 0.19% to $15,858.26, after two consecutive sessions in a row of losses. This seems, so far, a somewhat positive trend trading session today.

Wayfair's last close was $57.92, 80.56% under its 52-week high of $298.00.

About Wayfair

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.

Earnings Per Share

As for profitability, Wayfair has a trailing twelve months EPS of $1.86.

PE Ratio

Wayfair has a trailing twelve months price to earnings ratio of 28.31. Meaning, the purchaser of the share is investing $28.31 for every dollar of annual earnings.

More news about Wayfair (W).

ViaNews Editorial Team

Via News Editorial Team delivers comprehensive financial news coverage and market analysis from journalists around the world. Our team specializes in data journalism and in-depth reporting on stock markets, business developments, and economic trends.