John Ballard (Wayfair): Shares of the leading online home goods store have fallen 86% after reaching an all-time high of $369 in 2021. Wayfair's broad selection, investments in logistics infrastructure, and growing supplier base has led to phenomenal growth. In the first quarter of this year, revenue fell 13.9% over the year-ago quarter, which has caused much skepticism on Wall Street over Wayfair's growth prospects. Read More...
John Ballard (Wayfair): Shares of the leading online home goods store have fallen 86% after reaching an all-time high of $369 in 2021. Wayfair’s broad selection, investments in logistics infrastructure, and growing supplier base has led to phenomenal growth. In the first quarter of this year, revenue fell 13.9% over the year-ago quarter, which has caused much skepticism on Wall Street over Wayfair’s growth prospects.
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