Why did Wayfair stock surge on Friday? Cost cuts spark hope for future profits (NYSE:W)

Wayfair Distribution Center. Wayfair is an e-commerce company that sells home goods online and in outlets.


Wayfair (NYSE:W) stock roared to an over 20% acquire on Friday after asserting a cost-cutting plan and effectivity enhancements.

Included within the plan is a ten% reduce to the corporate’s international workforce, amounting to 1,750 staff on account of be laid

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