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Is There Any Hope Left for Wayfair?

Is There Any Hope Left for Wayfair?

This time a year ago, Wayfair's (NYSE: W) share price was around $250, but after five consecutive quarters of declining revenue, the stock has sunk to $55 at the time of writing. Investors are also concerned about Wayfair's deteriorating profitability. With the company's finances deteriorating amid a weak backdrop for retail sales, investors are probably wondering if Wayfair can get back on track and whether the stock is worth holding.