Advertisement
New Zealand markets closed
  • NZX 50

    11,805.09
    -141.34 (-1.18%)
     
  • NZD/USD

    0.5963
    +0.0013 (+0.22%)
     
  • NZD/EUR

    0.5552
    +0.0012 (+0.22%)
     
  • ALL ORDS

    7,837.40
    -100.10 (-1.26%)
     
  • ASX 200

    7,575.90
    -107.10 (-1.39%)
     
  • OIL

    83.98
    +0.41 (+0.49%)
     
  • GOLD

    2,353.30
    +10.80 (+0.46%)
     
  • NASDAQ

    17,430.50
    -96.30 (-0.55%)
     
  • FTSE

    8,078.86
    0.00 (0.00%)
     
  • Dow Jones

    38,085.80
    -375.12 (-0.98%)
     
  • DAX

    17,917.28
    -171.42 (-0.95%)
     
  • Hang Seng

    17,685.81
    +401.27 (+2.32%)
     
  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     
  • NZD/JPY

    93.2930
    +0.7970 (+0.86%)
     

Why Wayfair Stock Was Down by Nearly 30% This Week

One of the worst-performing specialty retail stocks across the past few trading days has been Wayfair (NYSE: W). The online furniture and home goods outlet's shares were down in excess of 26% week to date as of early Friday morning, according to data provided by S&P Global Market Intelligence. The peer currently in hot water is high-end furniture and furnishings specialist RH, formerly known as Restoration Hardware.