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home / news releases / wayfair primed for a selloff rating downgrade

W - Wayfair: Primed For A Selloff (Rating Downgrade)

Wayfair Inc. Class A

2024-04-12 15:27:40 ET

Summary

  • Wayfair Inc. is set to report its fiscal Q1 2024 results on 2 May, premarket.
  • Wayfair has a lot of debt, and its cash flow is insufficient to pay it down at a reasonable rate.
  • I firmly believe that Wayfair's stock is poised for a selloff.

Investment Thesis

Wayfair Inc. ( W ) is set to report its results for fiscal Q1 2024 on 2 May , premarket. And I believe that the stock is primed for a selloff....

For further details see:

Wayfair: Primed For A Selloff (Rating Downgrade)
Stock Information
Company Name: Wayfair Inc. Class A
Stock Symbol: W
Market: NYSE
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