PRNewswire (Wed, 17-Apr 12:30 PM ET)
Benzinga (Wed, 17-Apr 12:22 PM ET)
Wix Launches Wix Donations, an All-In-One Donations Collection Platform
PRNewswire (Tue, 9-Apr 9:00 AM ET)
PRNewswire (Mon, 18-Mar 9:00 AM ET)
PRNewswire (Mon, 4-Mar 9:00 AM ET)
Wix Reports Fourth Quarter and Full Year 2023 Results
PRNewswire (Wed, 21-Feb 1:00 AM ET)
PRNewswire (Tue, 20-Feb 9:00 AM ET)
Wix Announces Completion of $300 Million in Share Repurchases
PRNewswire (Thu, 15-Feb 9:00 AM ET)
Wix to Participate in Fireside Chat at Morgan Stanley Technology, Media & Telecom Conference
PRNewswire (Tue, 13-Feb 4:40 PM ET)
Business Wire (Mon, 5-Feb 9:00 AM ET)
Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its platform consists of two web creation products, with a different purpose or primary audience: Wix Editor, intended for full website creation targeted at users with basic, average, or above average technological skills, and Wix Studio, intended for advanced users such as design agencies and professionals. Geographically, the company generates a majority of its revenue from the United States and the rest from Europe, Latin America, Asia, and other regions.
Wix.com Ltd. - trades on the NASDAQ stock market under the symbol WIX.
As of April 19, 2024, WIX stock price declined to $121.43 with 327,889 million shares trading.
WIX has a beta of 2.14, meaning it tends to be more sensitive to market movements. WIX has a correlation of 0.40 to the broad based SPY ETF.
WIX has a market cap of $6.76 billion. This is considered a Mid Cap stock.
Last quarter Wix.com Ltd. - reported $404 million in Revenue and $1.22 earnings per share. This beat revenue expectation by $942,944 and exceeded earnings estimates by $.27.
In the last 3 years, WIX stock traded as high as $329.00 and as low as $53.12.
The top ETF exchange traded funds that WIX belongs to (by Net Assets): IEFA, SKYY, CLOU, EFA, WCLD.
WIX has outperformed the market in the last year with a return of +31.3%, while the SPY ETF gained +21.1%. However, in the most recent history, WIX shares have underperformed the stock market with its stock returning -2.7% in the last 3 month period and -9.9% for the last 2 week period, while SPY has returned +4.2% and -3.5%, respectively.
WIX support price is $119.10 and resistance is $124.44 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WIX stock will trade within this expected range on the day.