Where Will Wayfair Stock Be in 1 Year?

This leader in home goods and furniture e-commerce is down but not out.Wayfair (W -0.61%) recently marked the 10th anniversary of its Oct. 2014 initial public offering at $29 per share. Unfortunately for shareholders of the e-commerce giant, the milestone is a bitter one. At the time of this writing, the stock's$40 price marks an 89% decline from the all-time high of $369 it reached in early 2021. Lower sales and large financial losses have been a recurring theme in recent years.The headline numbers don't ...