RTTNews | Aug 18, 2020 10:16AM EDT

10:16 Tuesday, August 18, 2020 (RTTNews.com) - Shares of online home-goods and furniture retailer Wayfair Inc. (W) reached a 52-week high of $327.99 Tuesday morning, and are now trading at $327.00, up $12.90 or 4.11% in the regular trading session.

There are no company-specific news that could be attributed to the stock movement today.

On August 12, Wayfair announced the pricing of $1.32 billion aggregate principal amount of 0.625% convertible senior notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The offering was upsized from the previously announced offering of $1.2 billion aggregate principal amount of notes.

Read the original article on RTTNews ( https://www.rttnews.com/3122220/stock-alert-wayfair-shares-hit-52-week-high.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com All Rights Reserved