US Stocks Move | Wayfair (W.US) surges over 29% as Q2 results exceed expectations

According to Zhitong Finance APP, on Tuesday, Wayfair (W.US) soared by more than 29%, now quoted at $115.40. In terms of news, the second quarter financial report shows that the company’s revenue reached $3.5 billion, a year-on-year increase of 7%, exceeding market expectations by about $30 million. The non-GAAP free cash flow for the quarter reached $301 million, the highest since 2020.