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“Wayfair stock soars 38% as business more than doubles…”

“Wayfair Inc. stock soared 38.3% in Monday premarket trading after the e-commerce home retailer said business skyrocketed amid the coronavirus pandemic. Wayfair went into March with gross revenue up just below 20%, consistent with January and February. However, business more than doubled toward the end of March with that run-rate maintained in early April. The company says its office staff is working from home, while its fulfillment, transportation and logistics facilities are fully operational with coronavirus-related precautions in place…”

https://finance.yahoo.com/m/2c177378-a637-33b8-971e-ce40ea9c585a/wayfair-stock-soars-38-as.html

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