A lot of well known tech stocks are down. One of them is Wayfair, currently trading at $56 — down from $380 last year. What do ppl think about the future of the company and predictions for stock price? What are some other companies with low stock price that may go back up? #wayfair
Price is ways away from fair
Wait, too low or too high? Based on fundamental analysis (PE ratio) I’m guessing it’s too high, but then again Amazon was unprofitable at one point too.
Amazon was growing… wayfair isn’t really growing or profiting. I worry about bankruptcy too
If I knew exactly where that stock would go I wouldn't be working anymore
waywho?
Wayfair’s growth YoY is negative while expenses have grown hoping for growth instead. They’ll have to do mass layoffs again like a few years ago.
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