Why Wayfair Stock Jumped This Morning

Why Wayfair Stock Jumped This Morning

Shares of Wayfair (NYSE: W) jumped as much as 16% this morning after the company reported fourth-quarter earnings. The resulted were mixed compared to expectations, but investors were impressed with Wayfair's outlook. Revenue in the fourth quarter increased 45% to $3.67 billion, missing the consensus estimate of $3.77 billion.