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Wix.com Ltd. (NASDAQ: WIX) Faces Bearish Outlook Despite Institutional Interest
Financial Modeling Prep· 2026-01-08 03:11
Core Viewpoint - Wix.com Ltd. is facing a bearish outlook with a price target set at $70 by RBC Capital, indicating a potential decrease of approximately -30.06% from its current trading price of $100.08 [1][5] Institutional Investor Activity - DSM Capital Partners LLC acquired 8,876 shares of WIX valued at about $1.6 million, reflecting confidence in the company's long-term potential despite the current stock price [2][5] - Geneos Wealth Management Inc. increased its stake in WIX by 632.4%, now holding 249 shares valued at $41,000, while Blue Trust Inc. raised its stake by 47.8%, owning 408 shares valued at $65,000 [3][5] Stock Performance and Market Metrics - WIX's stock has shown significant fluctuations, with a 52-week high of $247.11 and a low of $92.23, and the current market capitalization is approximately $5.57 billion [4] - The trading volume on the NASDAQ exchange today is 1,131,063 shares, indicating active investor engagement [4]
X @TechCrunch
TechCrunch· 2025-12-03 20:38
Industry Innovation - WordPress's vibe-coding experiment, Telex, has seen real-world application [1]
X @Forbes
Forbes· 2025-10-25 13:04
Security Threats - Cybersecurity headlines often overlook website security, focusing on Windows, Chrome, PayPal, and LastPass [1] - WordPress websites experienced 8.7 million attacks within 48 hours [1] Industry Focus - The report highlights the importance of securing WordPress websites, an often-overlooked aspect of cybersecurity [1]
X @TechCrunch
TechCrunch· 2025-10-24 14:59
Legal Dispute - Automattic filed counterclaims against WP Engine [1] - The counterclaims allege misuse of WordPress and WooCommerce trademarks [1] - The counterclaims allege misleading users [1] - The counterclaims allege undermining the open source community [1] Company Information - WP Engine is backed by private equity firm Silver Lake [1]
X @TechCrunch
TechCrunch· 2025-10-20 16:26
Platform Performance - Automattic CEO 认为 Tumblr 是其“最大的失败”,因为维护着 5 亿(half a billion)博客,但仍然没有盈利 [1] Strategic Challenges - Tumblr 迁移到 WordPress 基础设施的计划面临挑战 [1]
X @TechCrunch
TechCrunch· 2025-07-01 19:18
Automattic puts Tumblr migration to WordPress on hold | TechCrunch https://t.co/4oKWPzehu1 ...