W: We Are Removing Wayfair from Investing Ideas

03/22/19 01:04PM EDT

"With Wayfair (W) stock down -7% today, I want to take it off our list and look to add it back on another squeeze higher (if we get one)," writes CEO Keith McCullough. "Fundamentally, Retail analyst Brian McGough remains bearish on W. This is a risk management decision."

***No change to Retail analyst Brian McGough's fundamental short call on Wayfair. Click here to read our analyst's original report.

© 2019 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.