Why the Market Dipped But Wix.com (WIX) Gained Today

In the latest market close, Wix.com (WIX) reached $137.56, with a +0.11% movement compared to the previous day. The stock exceeded the S&P 500, which registered a loss of 0.72% for the day. Meanwhile, the Dow lost 1%, and the Nasdaq, a tech-heavy index, lost 0.95%.Shares of the cloud-based web development company witnessed a loss of 1.55% over the previous month, trailing the performance of the Computer and Technology sector with its gain of 2.34% and the S&P 500's gain of 2.16%.The upcoming earnings releas ...