Here's Why Wix.com (WIX) Fell More Than Broader Market

In the latest market close, Wix.com (WIX) reached $238.89, with a -1.44% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 0.51% for the day. Meanwhile, the Dow lost 0.75%, and the Nasdaq, a tech-heavy index, lost 0.28%.The cloud-based web development company's shares have seen an increase of 11.94% over the last month, surpassing the Computer and Technology sector's gain of 0.79% and the S&P 500's gain of 2.87%.The investment community will be paying clo ...