Wayfair Is Down 60% From Highs -- Time to Buy?
3/3 13:45
Shares of Wayfair (NYSE: W) are down over 60% after reaching an all-time high of $355.96 in March 2021. Revenue fell 3% last year, coming off a spike in demand in 2020. The deceleration in growth caused the stock to spiral downward as investors reset their growth expectations....