WIX Stock Surges 123% in a Year: Will the Rally Continue?

Wix.com (WIX) is continuing its upward trajectory, with a gain of 123% in the past year compared with the S&P 500 Composite and sub-industry's growth of 28.6% and 46.3%, respectively. Headquartered in Tel Aviv, Israel, and founded in 2006, WIX is a cloud-based web development platform. It offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms and grow their online presence. Solid financial performance has been driving a ...