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Stock impact report

Why Wix.com Stock Fell 18.9% In February Before Soaring To Start March [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
Shares of Wix.com (NASDAQ: WIX) fell 18.9% in February, according to data from S&P Global Market Intelligence . Investors have feared that artificial intelligence ( AI ) will disrupt Wix's core website-building platform, yet when the business reported earnings in early March, it showed strong growth, leading the stock to rebound all its losses from February. Wix's stock is still down 73.4% from all-time highs. Here's why it fell in February before rebounding in March, and whether it is a buy for your portfolio right now. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » A narrative that didn't line up with reality Wix.com is a website-building platform that has focused on the individual and small-business market, such as a local restaurant. It allows people to easily build their own website without coding, pu Show less Read more
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