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Wayfair, Inc crashes pre-market

Wayfair, (NYSE:W)the largest online market for home products, announced its Q3 revenue report. It crashed ~20% pre-market today. It generated net revenue of $1.2Billion, up 39.1% yoy. Though it had a gross profit of $280.3 Million, it generated a GAAP net loss of $76.4 Million, and a net loss per share was $0.65, missed wall street expectations by $0.19. Wayfair’s share price has seen more than 100% growth since January