Wayfair tops Q3 estimates, stock reacting to guidance

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Online furniture retailer Wayfair (W) posted third quarter earnings this morning that beat analyst estimates. The stock is flirting with negative territory around muted guidance in the e-commerce platform's earnings call

Seana Smith and Alexandra Canal report more on the home goods website's stock performance, which has fallen by nearly 30% year-to-date in 2024.

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This post was written by Luke Carberry Mogan.