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Stock impact report

Here's Why Wix.com (WIX) Gained But Lagged the Market Today [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The stock's change was less than the S&P 500's daily gain of 2.91%. Meanwhile, the Dow experienced a rise of 2.49%, and the technology-dominated Nasdaq saw an increase of 3.83%. The cloud-based web development company's stock has climbed by 20.98% in the past month, exceeding the Computer and Technology sector's loss of 9.45% and the S&P 500's loss of 7.64%. The upcoming earnings release of Wix.com will be of great interest to investors. The company is predicted to post an EPS of $1.32, indicating a 14.84% decline compared to the equivalent quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $543.79 million, showing a 14.81% escalation compared to the year-ago quarter. Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $6.27 per share and revenue of $2.29 billion, indicating changes of -14.34% and +14.8%, respectively, compared to the previous year. Additionally, investors should keep an eye on any recent revisi Show less Read more
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