Why Wayfair Stock Jumped 19% in May

It's making progress in its recovery.Furniture retailer Wayfair (W -1.28%) stock gained 19% in May according to data provided by S&P Global Market Intelligence. Wall Street celebrated progress in its turnaround despite a harsh operating climate for the home improvement industry.Wayfair is trying to stage a comebackWayfair was a pandemic darling whose star plunged when people stopped focusing on home improvement. Wayfair's sales declined for nine straight quarters before finally breaking that trend in the 20 ...