What Happened? Shares of online home goods retailer Wayfair (NYSE:W) jumped 8.8% in the afternoon session after the company appointed Hal Lawton, president and CEO of Tractor Supply Company, to its board of directors and RBC Capital raised its price target. The addition of a successful CEO to the board signaled strong leadership. Alongside this news, RBC Capital increased its price target for Wayfair to $86 from $51. This followed the company's third-quarter results, which showed an 8.1% increase in net ...

Online home goods company Wayfair reported a jump in third-quarter revenue on Tuesday, as it beat Wall Street estimates on the top and bottom lines.The company said total net revenue increased 8.1% year-over-year.Here's how the company performed in its third quarter, compared with what Wall Street was expecting, based on a survey of analysts by LSEG:Earnings per share: 70 cents adjusted vs. 43 cents expectedRevenue: $3.12 billion vs. $3.02 billion expectedWayfair shares climbed 10% in premarket trading.For ...