Online furniture retailer Wayfair saw a surge in its stock price after reporting positive financial results, alleviating concerns about the impact of tariffs on its business. The company’s stock rose by 20% in after-hours trading following the announcement. Wayfair reported a 42% increase in revenue, beating analysts’ expectations.

Read more at Investing.com: Online furniture retailer Wayfair surges as upbeat results ease tariff jitters