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.
23 Jan 2023