Fund Reduces Stake in WIX by 86%, According to Recent SEC Filing

Shannon River, a New York-based hedge fund, recently disclosed the sale of around 283,000 shares of Wix.com (WIX) during the fourth quarter (the three months ending on Dec. 31, 2025). Here’s what investors need to know.Wix.com is a leading provider of cloud-based website development solutions, serving approximately 222 million registered users worldwide as of December 31, 2021. The company leverages a robust suite of products and a scalable subscription model to empower users with limited technical expertis ...