wayfair stock has tumbled this year and director michael choe recently bought shares in the oncehot homefurnishings retailer wayfair ticker w stock has dropped 36 so far in 2022 as the covid pandemic waned compared with a 7 decline in the sp 500 at least one analyst raised red flags about wayfair in early january near the end of february wayfair reported a disappointing fiscal fourth quarter shares fell in early march