Wayfair tops Q3 estimates, stock reacting to guidance

Online furniture retailer Wayfair (W) posted third quarter earnings this morning that beat analyst estimates. The stock is flirting with negative territory around muted guidance in the e-commerce platform's earnings call

Seana Smith and Alexandra Canal report more on the home goods website's stock performance, which has fallen by nearly 30% year-to-date in 2024.

To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

This post was written by Luke Carberry Mogan.

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