--- title: "Why Wayfair Stock Was Slipping This Week" description: "Wayfair's stock fell 15.5% this week, impacted by the Fed's reduced rate-cut forecast, which particularly affected interest-rate-sensitive stocks. The company has struggled post-pandemic due to a weak" type: "news" locale: "en" url: "https://longbridge.com/en/news/222842817.md" published_at: "2024-12-19T18:43:47.000Z" --- # Why Wayfair Stock Was Slipping This Week > Wayfair's stock fell 15.5% this week, impacted by the Fed's reduced rate-cut forecast, which particularly affected interest-rate-sensitive stocks. The company has struggled post-pandemic due to a weak housing market, leading to a 9.9% drop in one day. Wayfair reported a net loss in Q3 and a 2% revenue decline, raising concerns about its profitability. Although it is focusing on improving adjusted EBITDA and has implemented cost-cutting measures, significant revenue growth seems unlikely without favorable macroeconomic conditions. Shares of **Wayfair** (W -3.70%), the online home furnishings retailer, were among the losers on the stock market this week. News on the company itself was minimal, but the Fed's decision to trim its rate-cut forecast for next year -- from four cuts to two -- hit interest-rate-sensitive stocks like Wayfair hard. As of 11:59 a.m. ET, the stock was down 15.5% for the week, according to data from S&P Global Market Intelligence. Image source: Getty Images. ## What's happening with Wayfair Wayfair has struggled since the end of the pandemic, as the housing market has been weak and its pandemic-driven surge is over. Investors have looked forward to a recovery in the housing market to recharge the stock, but it now seems like that's going to take longer than hoped. In a broad sell-off yesterday, driven by the Fed's change in its rate-cut forecast, Wayfair stock fell 9.9%, and it's not hard to see why. High mortgage rates have cooled off the housing market, which has weighed on home furnishings companies like Wayfair, as home purchases tend to lead to furniture purchases. Wayfair is also in a weaker position than many of its peers, as it's not profitable on the basis of generally accepted accounting principles (GAAP). It had a net loss of $74 million in the third quarter, and its revenue fell 2% to $2.9 billion. With results like that, something in the business needs to change. ## Can Wayfair recover? Wayfair is profitable on the basis of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), and the company is focused on driving that figure higher. The company has cut costs through layoffs and other initiatives in recent years, but it seems unlikely to return to significant revenue growth without help from the macro environment. While the Fed's forecast is just a forecast, investors hopeful for a housing recovery may have to be patient. ### Related Stocks - [W.US - Wayfair](https://longbridge.com/en/quote/W.US.md) - [00027.HK - GALAXY ENT](https://longbridge.com/en/quote/00027.HK.md) - [02282.HK - MGM CHINA](https://longbridge.com/en/quote/02282.HK.md) - [01876.HK - BUD APAC](https://longbridge.com/en/quote/01876.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 隨着 Wayfair 推出新的 AI 購物功能，您應該買入、賣出還是持有 Wayfair 的股票？ | 隨着 Wayfair 推出新的人工智能購物功能，您應該買入、賣出還是持有 W 股票？ | [Link](https://longbridge.com/en/news/272581646.md) | | 在與谷歌 AI 商務建立合作伙伴關係以及近期股價強勁回報後，Wayfair (W) 的估值檢查 | Wayfair (W) 在與谷歌合作創建通用商業協議後引起了關注，增強了基於人工智能的商業模式。該公司的股票表現顯著，1 個月上漲了 22.34%，1 年總回報率為 178.74%。然而，分析師指出，當前股價 119.05 美元被認為高估， | [Link](https://longbridge.com/en/news/272531158.md) | | Wayfair 與 Google AI 合作，推動更智能的在線購物體驗 | Wayfair 與谷歌合作，提升人工智能驅動的購物體驗，改善在線購買體驗。這一合作將使客户能夠在谷歌瀏覽時探索各種家居產品，並直接從 Wayfair 完成購買。通用商業協議將促進人工智能代理與零售平台之間的更順暢互動，確保 Wayfair | [Link](https://longbridge.com/en/news/272445294.md) | | Wayfair 與 Google 合作以推動 AI 驅動的家庭購物 \| W 股票新聞 | Wayfair Inc. 與谷歌合作共同開發通用商業協議（UCP），提升基於人工智能的購物體驗。該開放標準促進了人工智能代理與零售商之間的無縫互動，使客户能夠自信地在線購物。Wayfair 的首席技術官 Fiona Tan 強調了 UCP | [Link](https://longbridge.com/en/news/272317688.md) | | 根據最近的 SEC 文件，Wayfair 的一位內部人士出售了價值 15,102,505 美元的股票 | Wayfair 內部人士根據最近的 SEC 文件出售了價值 15,102,505 美元的股份 | [Link](https://longbridge.com/en/news/271036095.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.