Wayfair stock price with Wayfair stock price steady in the

With Wayfair stock price steady in the low $60s, some traders eye potential catalysts from upcoming Fed rate decisions. Lower borrowing costs could spur home furnishing purchases, boosting online retail revenues. When the pandemic ended, those trends suddenly reversed, and Wayfair was left having overinvested to operate in an economy that no longer needed it. Since then, the stock has mostly chugged along well below its earlier peak. As you can see from the chart below, its revenue is still well below its peak during the pandemic, as it has essentially been flat since then. Wayfair’s shares are extremely volatile and have had 56 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. Wayfair stock price recently consolidated around $63, forming a base pattern on daily charts. Market watchers consider this a healthy pause before a possible breakout, contingent on U.S. housing market stabilization and improved logistics cost management.