Previous close | 5.45 |
Open | 9.65 |
Bid | 8.90 |
Ask | 9.20 |
Strike | 70.00 |
Expiry date | 2024-11-15 |
Day's range | 9.65 - 9.65 |
Contract range | N/A |
Volume | |
Open interest | 13 |
Despite a slight dip in net revenue, Wayfair continues to expand its customer base and enhance profitability through strategic initiatives and market share gains.
The online home good seller posted a 32-cent-per-share loss but showed improvement in many key metrics. Its stock soared.
Shares of online home goods retailer Wayfair (NYSE: W) jumped 18.6% in the morning session after the company reported first quarter results that beat analysts' revenue and adjusted EBITDA expectations. Q2 guidance, which was given on the earnings call, was also comforting as it was lin line to slightly above expectations. Specifically, Wayfair expects Q2 revenue to be flat to slightly up year on year compared to Q2 last year, in line with expectations. Adjusted EBITDA margin in Q2 is expected to