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Wix Stock Tumbles 50% in One Year โ€” But Is Vibe-Coding AI Platform Base44 the Reason This Fund Is Doubling Down?
The Motley Foolยท 2025-12-09 17:07
A major hedge fund just made a beaten-down tech name its largest bet.New York City-based Senvest Management disclosed a significant purchase of Wix.com shares in a November 14 SEC filing, increasing its position by $118.7 million.What HappenedAccording to a filing with the Securities and Exchange Commission dated November 14, Senvest Management increased its stake in Wix.com Ltd. (WIX +5.10%) by 447,765 shares during the third quarter. The post-trade position stands at nearly 2.5 million shares valued at $4 ...