Scalper1 News
Online retailer Wayfair’s (W) stock rose 14% Wednesday to a nearly five-month high after the online retailer posted fourth-quarter earnings that exceeded Wall Street expectations. Wayfair early Wednesday reported an 18-cent per-share loss, but analysts polled by Thomson Reuters had expected a 28-cent per-share loss. The company reported revenue of $408.6 million, up 38% from the year-earlier quarter and beating the consensus of $368.8 million. For Scalper1 News
Scalper1 News