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

(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).

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