Why Wayfair Shares Are Up On Monday

Wayfair W shares are trading higher amid increased concern over the COVID-19 Delta variant. The company produces home furniture and saw its stock soar during the transition to remote work in 2020. Companies in the broader e-commerce space also saw gains during this period.

Wayfair Inc. engages in the e-commerce business in the United States and internationally. It provides approximately twenty-two million products for the home sector under various brands.

At the time of publication, shares of Wayfair were trading 2.2% higher at $286.20. The stock has a 52-week low of $209.12 and a 52-week high of $369. 

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: MoversTrading Ideaswhy it's moving
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!