Wayfair's Shares Are Soaring Again as Coronavirus Relief Bill Nears Approval
Shares of Wayfair (NYSE: W) were surging again on Thursday, after the Senate's approval of a $2 trillion economic rescue package gave investors hope that couch-bound Americans might soon start spending again.
As of 12:00 p.m. EDT, Wayfair's shares were up about 17.5% from Wednesday's closing price.
Wayfair's shares have been on a tear, more than doubling since last week as details of the economic rescue package became clear and the bill moved closer to approval.
Source Fool.com