Actionable news
All posts from Actionable news
Actionable news in W: WAYFAIR Inc,

Wayfair (W) Stock Sharply Lower After Q2 Loss

NEW YORK (TheStreet) -- Shares of Wayfair (W) were sliding 8.29% to $44.25 in pre-market trading on Tuesday after the company posted a larger-than-anticipated loss for the 2016 second quarter.

Before today's opening bell, the Boston-based e-commerce company posted an adjusted loss of 43 cents per share, while analysts were expecting a loss of 41 cents per share.

Revenue jumped 60% to $786.9 million from last year, above analysts' estimates of $782.4 million.

The markets may be unpredictable, but...