Wayfair Inc. Class A (W) Soars 16.15% on March 01

Equities Staff  |

Wayfair Inc. Class A (W) had a good day on the market for Monday March 01 as shares jumped 16.15% to close at $335.65. About 6.49 million shares traded hands on 80,295 trades for the day, compared with an average daily volume of n/a shares out of a total float of 102.94 million. After opening the trading day at $293.50, shares of Wayfair Inc. Class A stayed within a range of $342.99 to $292.07.

With today's gains, Wayfair Inc. Class A now has a market cap of $34.55 billion. Shares of Wayfair Inc. Class A have been trading within a range of $369.00 and $21.71 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

Wayfair engages in e-commerce in the United States and Europe. At the end of 2019, the firm offered approximately 18 million products from more than 12,000 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 16,985 employees. Its CEO is Niraj Shah.

For a complete fundamental analysis of Wayfair Inc. Class A, check out Equities.com’s Stock Valuation Analysis report for W.

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Wayfair Inc. Class A is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on Wayfair Inc. Class A and to follow the company’s latest updates, you can visit the company’s profile page here: W’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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