Yahoo Finance's Emily McCormick breaks down how stocks are trading on Thursday afternoon.
John Ballard (Wayfair): Shares of the leading online home goods store have fallen 86% after reaching an all-time high of $369 in 2021. Wayfair's broad selection, investments in logistics infrastructure, and growing supplier base has led to phenomenal growth. In the first quarter of this year, revenue fell 13.9% over the year-ago quarter, which has caused much skepticism on Wall Street over Wayfair's growth prospects.
Booking Holdings (NASDAQ: BKNG) today announced that Chief Executive Officer Glenn Fogel and Financial Officer David Goulden will be speaking at Cowen 50th Annual Technology, Media & Telecom Conference on June 2nd at 10:50 am ET. A live audio cast of the presentation will be available to the public at http://ir.bookingholdings.com. A replay will be available for 90 days.