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Wix.com (WIX) Exceeds Market Returns: Some Facts to Consider
Zacks Investment Research· 2024-01-23 00:06
Wix.com (WIX) closed at $128.75 in the latest trading session, marking a +1.26% move from the prior day. The stock outpaced the S&P 500's daily gain of 0.22%. Meanwhile, the Dow gained 0.36%, and the Nasdaq, a tech-heavy index, added 0.32%.Shares of the cloud-based web development company have appreciated by 3.55% over the course of the past month, underperforming the Computer and Technology sector's gain of 3.64% and outperforming the S&P 500's gain of 1.61%.Investors will be eagerly watching for the perfo ...
Wix.com (WIX) Increases Despite Market Slip: Here's What You Need to Know
Zacks Investment Research· 2024-01-17 00:33
Wix.com (WIX) closed at $126.10 in the latest trading session, marking a +0.61% move from the prior day. The stock outperformed the S&P 500, which registered a daily loss of 0.37%. Elsewhere, the Dow saw a downswing of 0.62%, while the tech-heavy Nasdaq depreciated by 0.19%.Coming into today, shares of the cloud-based web development company had gained 9.14% in the past month. In that same time, the Computer and Technology sector gained 1.22%, while the S&P 500 gained 1.56%.Analysts and investors alike will ...
How Wix.com (WIX) Stock Stands Out in a Strong Industry
Zacks Investment Research· 2024-01-11 15:33
One stock that might be an intriguing choice for investors right now is Wix.com Ltd. (WIX) . This is because this security in the Computers - IT Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Compute ...
Wix.com (WIX) Stock Drops Despite Market Gains: Important Facts to Note
Zacks Investment Research· 2024-01-11 00:34
In the latest trading session, Wix.com (WIX) closed at $122.18, marking a -0.02% move from the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.57%. At the same time, the Dow added 0.46%, and the tech-heavy Nasdaq gained 0.75%.Prior to today's trading, shares of the cloud-based web development company had gained 13.62% over the past month. This has outpaced the Computer and Technology sector's gain of 1.51% and the S&P 500's gain of 3.4% in that time.Investors will be eagerly ...
Wix Transforms Revenue Sharing for Partners, Significantly Increasing Opportunities to Earn on Wix
Prnewswire· 2024-01-10 17:00
Partners can earn revenue share from day one when creating on Wix Studio, further enriching the financial advantages of the Wix Partner ProgramNEW YORK, Jan. 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced a new revenue sharing plan for Partners creating on Wix Studio, the ultimate creation platform built for agencies and freelancers. The new revenue share plan is part of the exclusive Wix ...
1 Forgotten Internet Stock Darling Rebounded 60% in 2023 -- Is It Too Late to Buy for 2024?
The Motley Fool· 2023-12-25 07:20
We've come a long way from 2020 and 2021 when digital economy stocks were soaring to impossible heights. Some of these stocks have ceased to exist. Others have fallen hard as the economy has reopened and rebuilt from the worst effects of the pandemic. And some forgotten companies are quietly making comebacks.I almost forgot I had left shares of Wix.com (WIX 1.20%) in my portfolio, and I'm glad I did. The former website building and internet stock darling rebounded some 60% in 2023. Though the stock price do ...
Strong Margins, AI Tools Make Wix a Compelling Pick
GuruFocus· 2023-12-21 16:59
With interest rates rising, it has become increasingly difficult for tech companies to grow using the growth-at-all-cost model. Investors are being very picky with the companies they invest in while punishing companies that show no discipline in their expenses. Over the past months, companies have learned to pivot to newer cost models to survive in high-rate environments by reigning in their expenses while growing their businesses. Wix.com Ltd. (WIX, Financial) is one such company that has very quickly adap ...
Wix(WIX) - 2023 Q3 - Earnings Call Transcript
2023-11-09 16:28
Wix.com Ltd. (NASDAQ:WIX) Q3 2023 Earnings Call Transcript November 9, 2023 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO & Co-Founder Nir Zohar - President & COO Lior Shemesh - CFO Conference Call Participants Trevor Young - Barclays Ygal Arounian - Citi Andrew Boone - JMP Securities Chris Zhang - UBS Bernie McTernan - Needham and Company Ken Wong - Oppenheimer & Company Mark Zgutowicz - Benchmark Company Operator Good day, and thank you for standing by. Welcome to the Wix Q3 2023 C ...
Wix(WIX) - 2023 Q3 - Earnings Call Presentation
2023-11-09 14:08
Third Quarter | November 2023 WIX Forward Looking Statements our expectation that we will effectively manage our infrastructure; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues, as well as our ability to achieve and maintain profitability; our expectations regarding changes in the global, national, ...
Wix(WIX) - 2023 Q3 - Quarterly Report
2023-11-08 16:00
Exhibit 99.1 Wix Reports Third Quarter 2023 Results NEW YORK, November 9, 2023 -- Wix.com Ltd. (Nasdaq: WIX), the leading SaaS website builder platform globally , today reported financial results for the third quarter of 2023. In addition, the Company provided its outlook for the fourth quarter and raised its outlook for full year 2023. Please visit the Wix Investor Relations website at https://investors.wix.com/ to view the Q3'23 Shareholder Update and other materials. 3 "Wix's performance in the third qua ...