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Andrew Left Doubles Down On Wayfair Thesis
Wednesday, May 10, 2017 - 1:55pm | 416Shares of Wayfair Inc (NYSE: W) are trading near all-time highs, which is good news for stockholders but bad news for short sellers. One of the most notable short sellers on Wall Street, Citron Research, has been short the company since 2015 and made the case to Benzinga on Tuesday why he isn't...
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Wayfair's Q4 Reinforces Andrew Left's Short Thesis
Thursday, February 23, 2017 - 12:59pm | 260Shares of Wayfair Inc (NYSE: W) fell more than 7 percent on Thursday after the company reported its fourth quarter results. Wayfair reported it lost $0.34 per share in the fourth quarter on revenue of $984.6 million. Wall Street analysts were expecting the company to lose $0.50 per share on revenue...
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Citron's Andrew Left: Wayfair 'Should Be Cut In Half'
Friday, November 4, 2016 - 11:18am | 320Wayfair Inc (NYSE: W) stock popped into many traders radars Friday following unconfirmed reports that analysts at JPMorgan had made negative comments on the stock. According to the chatter, analysts at JPMorgan see Wayfair's sales in the bottom half of 2016 being at risk. Wayfair is one...
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Whitney Tilson: Wayfair Is By Far My Largest Short Position, Will Be Under $10 Within A Year
Monday, November 9, 2015 - 9:00pm | 501In a new email to subscribers, hedge fund manager Whitney Tilson revealed Wayfair Inc (NYSE: W) is "by far" his largest short position. Tilson initially reported his bet against the company on September 9, a little over a week after Citron said the stock's fair value was under $10...
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7 Internet Stocks Goldman Sachs Loves
Wednesday, April 8, 2015 - 11:27am | 530In a new research note, Goldman Sachs said that it remains positive on Internet stocks based on reasonable valuations and 2015 expectations. Additionally, Goldman said that sector growth opportunities are high, with twice the growth rate and "higher returns relative to market averages....