Investors soured on the home goods seller after management issued disappointing guidance.
News & Analysis: Wayfair
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Market makers didn't like the e-commerce specialist's plan to raise $750 million of cash in a new debt offering.
The home goods seller is in a tug-of-war between investors who are looking for more profitability in the short term and a management team that is investing for long-term growth.
Accelerating losses have investors worried about this high-growth stock.
In its latest earnings report, the home furnishings specialist projected spiking costs and slowing growth ahead.
The e-commerce specialist notched a few key wins in the second quarter.