The Traderszone Network

Published in TZ Latest News 12 July, 2017 by The TZ Newswire Staff

Why Wayfair Inc. Stock Has Soared 116% This Year

Shares of Wayfair Inc. (NYSE: W) have been delighting investors this year, as the online furniture seller has seen its stock more than double. According to data from S&P Global Market Intelligence, the stock has risen 116% this year.

Image source: Wayfair.

The stock was a modest winner through the first few months of the year, but it really took off after its first-quarter earnings report in May. 

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