Wayfair’s stock surges as sales beat suggests a ‘bottomed-out’ furniture market
16d ago
Business
MarketWatch

Wayfair's stock experienced a significant surge, reaching a more than one-year high, following sales figures that exceeded expectations. This positive performance is being interpreted by some analysts as an indication that the furniture market may have reached its lowest point and is now poised for recovery. The company's stock price reflects renewed investor confidence, suggesting a potential turnaround for Wayfair and the broader furniture industry.