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Wix.com (WIX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-30 22:56
Wix.com (WIX) closed at $167.88 in the latest trading session, marking a -1.01% move from the prior day. This move lagged the S&P 500's daily loss of 0.33%. At the same time, the Dow lost 0.22%, and the tech-heavy Nasdaq lost 0.56%.The cloud-based web development company's shares have seen an increase of 7.68% over the last month, surpassing the Computer and Technology sector's gain of 2.83% and the S&P 500's gain of 1.83%.Analysts and investors alike will be keeping a close eye on the performance of Wix.co ...
Wix to Announce Third Quarter 2024 Results on November 20, 2024
GlobeNewswire News Room· 2024-10-30 13:00
Wix to Announce Third Quarter 2024 Results on November 20, 2024 NEW YORK, October 30, 2024 -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the third quarter ended September 30, 2024 before the market opens on Wednesday, November 20, 2024. Management will host a conference call and webcast that morning at 8:30 a.m. ET to answer questions about the Company's financial results. Prior to the conference call and webcast, Wix will issue a press release reporting these results al ...
Wix.com (WIX) Increases Yet Falls Behind Market: What Investors Need to Know
ZACKS· 2024-10-28 23:06
The latest trading session saw Wix.com (WIX) ending at $164.50, denoting a +0.14% adjustment from its last day's close. This change lagged the S&P 500's 0.27% gain on the day. Meanwhile, the Dow experienced a rise of 0.65%, and the technology-dominated Nasdaq saw an increase of 0.26%.Coming into today, shares of the cloud-based web development company had lost 2.39% in the past month. In that same time, the Computer and Technology sector gained 2.21%, while the S&P 500 gained 2%.Investors will be eagerly wa ...
Should You Invest in Wix.com (WIX) Based on Bullish Wall Street Views?
ZACKS· 2024-10-25 14:31
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Wix.com (WIX) . Wix.com currently has an average brokerage recommendation ...
Wix.com (WIX) Declines More Than Market: Some Information for Investors
ZACKS· 2024-10-21 23:06
The latest trading session saw Wix.com (WIX) ending at $172.47, denoting a -0.53% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily loss of 0.18%. Elsewhere, the Dow lost 0.8%, while the tech-heavy Nasdaq added 0.27%.The cloud-based web development company's shares have seen an increase of 7.94% over the last month, surpassing the Computer and Technology sector's gain of 6.6% and the S&P 500's gain of 4.46%.The investment community will be paying close attention to ...
Wix.com (WIX) Moves 3.2% Higher: Will This Strength Last?
ZACKS· 2024-10-18 08:46
Wix.com (WIX) shares rallied 3.2% in the last trading session to close at $177.24. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 7.7% gain over the past four weeks. The increase in share price can be attributed to strong topline performance. Increasing adoption of the product portfolio, especially various artificial intelligence (AI) products and WIX Studio, has been driving the company's performance. WIX i ...
Is WIX's AI-Focused Strategy Heading in the Right Direction?
ZACKS· 2024-10-10 13:16
Wix.com Ltd. (WIX) is making significant strides in generative artificial intelligence (AI) to position itself as a key player in a rapidly evolving market. WIX is a cloud-based web development platform based in Tel Aviv, Israel. It offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms and grow the companies' online presence. Recognizing AI as a powerful catalyst for growth, the company has launched several innovative p ...
Wix.com (WIX) Beats Stock Market Upswing: What Investors Need to Know
ZACKS· 2024-10-02 23:06
Wix.com (WIX) closed the most recent trading day at $160.09, moving +1.65% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.01%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.08%. The cloud-based web development company's shares have seen an increase of 0.04% over the last month, not keeping up with the Computer and Technology sector's gain of 1.03% and the S&P 500's gain of 1.21%. Analysts and investors alike wi ...
Agency Hackers and Wix Studio Unveil Agency Forecast Report
Prnewswire· 2024-10-02 08:00
The inaugural report reveals key trends and challenges in the evolving agency landscape LONDON, Oct. 2, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform globally1, in collaboration with Agency Hackers, one of the world's largest communities for independent agencies, today releases the Agency Forecast Report. This report dives into the current state of the agency world, spotlighting key trends, emerging challenges, and new opportunities shaping the marketing industry ...
Wall Street Analysts Look Bullish on Wix.com (WIX): Should You Buy?
ZACKS· 2024-09-27 14:32
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Wix.com (WIX) . Wix.com currently has an average brokerage recommendation (ABR) of 1.52, on a ...