W: We Are Removing Wayfair from Investing Ideas

06/20/19 03:30PM EDT

A quick note from Hedgeye CEO Keith McCullough:

"With the stock getting hammered -6% in an up tape, I’ll take this SELL idea off so that I can re-issue the short idea on the next squeeze. This is no market to just let shorts ride."

***No change to Retail analyst Brian McGough's fundamental short thesis on Wayfair (W). Click here to read our analyst's original report on the company.

© 2024 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.