Wix.com (WIX) Moves 3.9% Higher: Will This Strength Last?

This cloud-based web development company is expected to post quarterly earnings of $1.03 per share in its upcoming report, which represents a year-over-year change of +13.2%. Revenues are expected to be $417.71 million, up 11.7% from the year-ago quarter. Wix.com (WIX) shares ended the last trading session 3.9% higher at $127.01. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 3.8% loss over the past four weeks. Wh ...