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Wayfair added to ‘zombie’ stocks list by equity research firm New Constructs

Por: MarketWatch Business November 15, 2022

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“Companies that inherently struggle to produce real cash flows, like Wayfair, are at risk of their stock price going to $0,” wrote New Constructs CEO David Trainer, in a note. Since New Constructs put Wayfair in its “Danger Zone” in March 2015, the stock has outperformed the S&P 500 index as a short by 67%, according to the equity research firm. “Even after falling 78% year-to-date and 42% since our last update in August 2022, we think... + full article



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