NYSE:WSpecialty Retail
Wayfair Insider Sale Meets Store Expansion And AI Cost Push
Wayfair co founder Steven Conine recently sold shares of NYSE:W.
The company plans to open its second large format retail store in Atlanta as part of its expansion into physical locations.
Wayfair also outlined plans to increase its use of AI technology to improve operations.
Wayfair, trading at $73.77, has had mixed share performance, with a 30.8% decline year to date alongside a 101.4% gain over the past year. The stock is also down 28.7% over the past 30 days, which may shape how...