Mizuho analyst David Bellinger says multiple sources are reporting that large format furniture and home furnishings retailer At Home is close to a bankruptcy filing. Shares of Wayfair (W) traded higher yesterday, in part due to this development and some recent reprieve around tariff rates, the analyst tells investors in a research note. Mizuho believes Wayfair is best positioned within its coverage to pick up any displaced revenues from an At Home bankruptcy.
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