Wayfair (W) in Focus: Stock Moves 6.9% Higher
Wayfair Inc. W was a big mover last session, as the company saw its shares rise almost 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 16.3% in the past one-month time frame.
The company has not seen any estimate revisions over the past one month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Wayfair currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Wayfair Inc. Price
Wayfair Inc. Price | Wayfair Inc. Quote
A better-ranked stock in the Internet - Commerce industry is Stamps.com Inc. STMP, which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is W going up? Or down? Predict to see what others think: Up or Down
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