Wayfair Inc. Class A (W) Soars 5.82% on January 18

Wayfair Inc. Class A (W) Soars 5.82% on January 18

Wayfair Inc. Class A (W) had a good day on the market for Friday January 18 as shares jumped 5.82% to close at $102.14. About 1.57 million shares traded hands on 15,754 trades for the day, compared with an average daily volume of 2.08 million shares out of a total float of 90.34 million. After opening the trading day at $97.35, shares of Wayfair Inc. Class A stayed within a range of $102.23 to $97.24.

With today’s gains, Wayfair Inc. Class A now has a market cap of $9.23 billion. Shares of Wayfair Inc. Class A have been trading within a range of $151.20 and $60.53 over the last year, and it had a 50-day SMA of $95.58 and a 200-day SMA of $105.56.

Wayfair engages in e-commerce in the United States and Europe. The firm offers approximately 10 million products from more than 10,000 suppliers for the home sector under the brands Wayfair, Joss & Main, AllModern, DwellStudio, Birch Lane, and Perigold. This includes a selection of furniture, decor, decorative accent, housewares, seasonal decor, and other home goods. Wayfair was founded in 2002 and is focused on helping people find the perfect product at the right price.

Wayfair Inc. Class A is based out of Boston, MA and has some 7,751 employees. Its CEO is Niraj Shah.

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