Wayfair (W) : The money flow is calculated as the dollar value of composite uptick trades minus the dollar value of downtick trades, which was negative (1.4 million) in Wayfair (W). On Monday, The value of composite uptick trades was $1.52 million, whereas, the value of composite downtick trades was $2.92 million and the ratio between the two was 0.52, indicating selling on strength. Traders involved in block trades booked profits in their holdings as seen in the transactions on downticks valued at $0.97 million. The negative money flow of ($0.97 million) shows selling on strength. Wayfair (W) gained $0.93 intraday at $39.72 and registrered 2.4% for the week.
Wayfair Inc. has dropped 1.4% during the last 3-month period . Year-to-Date the stock performance stands at -15.54%. Wayfair Inc. has dropped 0.57% in the last five trading days, however, the shares have posted positive gains of 4.52% in the last 4 weeks. In a related news,The officer (Chief Product/Marketing) of Wayfair Inc., Macri Edmond sold 600 shares at $40.57 on July 12, 2016. The Insider selling transaction had a total value worth of $24,342. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.
Wayfair (NYSE:W): stock turned positive on Monday. Though the stock opened at $38.7, the bulls momentum made the stock top out at $41.1 level for the day. The stock recorded a low of $38.38 and closed the trading day at $40.22, in the green by 3.69%. The total traded volume for the day was 1,308,692. The stock had closed at $38.79 in the previous days trading.
Wayfair Inc. (Wayfair) is an online destination for the home. Through its e-commerce business model, the Company offers browsing, merchandising, product discovery and prices for over seven million products from over 7,000 suppliers across five brands: Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair.com is its flagship mass market brand that focuses on offering a range of home furnishings and decor. Joss & Main is the Companys online flash sales site. AllModern is an online destination for original design for home enthusiasts. DwellStudio is an online design studio for home furnishings. Birch Lane is a new destination for home designs. Wayfair also generates revenues online through its retail partners. Wayfair Media Solutions helps selected manufacturers, retailers and other advertisers market to its consumer audience.