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From Home Furnishing Business

Wayfair Stocks Rallied by 3%

Wayfair Inc. (NYSE:W) stock rallied by 3% last week but lost 3.29% on a 4-week basis.

The company has outperformed the S&P 500 by 4.24% in the last week but underperformed the index by 4.17% in the last 4 weeks.

On Friday, the stock opened at $38.55. The low of the day was $37.90. Continuous buying at higher levels pushed the stock towards a high of $39.22 during the day. The momentum continued to the end of the day, when stock closed at $39.15, a gain of 1.74% for the day, up from $38.48 the previous day.



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