Wayfair (W) As A Value Brand & Cutting Employees

Wayfair (W) stock price is up over 81% year-to-date. Is the recent reduction in workforce giving shares a pop? “Wayfair was a beneficiary of the Covid pandemic. Social media mentions of high-end furnishings and decor are up year-over-year. However, mentions of home renovation and buying a home are both down for the same time period. I am bearish on the W stock long-term, but short-term it is starting to pick up in the right direction,” says LikeFolio’s Landon Swan. Tom White and Kevin Hincks weigh in on the Wayfair (W) stock trends.