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Why Wayfair Stock Jumped 18% This Week

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Wayfair (NYSE: W) shareholders trounced the market this week as the stock gained 18% through Thursday trading compared to a 3.3% increase in the S&P 500, according to data provided by S&P Global Market Intelligence. The rally was powered by bargain hunting from investors who have been attracted by Wayfair's reduced valuation. Wayfair's business is going through some challenges right now.

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