Why Wix.com Stock Crumbled 22% Today

Key Points Wix.com stock fell as much as 21.7% despite beating Q3 earnings expectations and raising full-year guidance. CEO Avishai Abrahami admitted he's "clearly unhappy" about delaying a flagship product from summer 2025 to 2026. Wall Street wanted evidence of accelerating growth from Wix's new initiatives but didn't get it. 10 stocks we like better than Wix.com › Shares of Wix.com (NASDAQ: WIX) took a hard fall on Wednesday, Nov. 19. The Tel Aviv-based company, which provides software-as-a-se ...