Securities Fraud Investigation Into Wix.com Ltd. (WIX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. CruzThe Law Offices of Frank R. Cruz announces an investigation of Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ: WIX) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON WIX.COM LTD. (WIX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On May 13, 2026, Wix released its first quarter 2026 financial results, including earnings per share of $0.68, a 56% decline year over year, and an operating margin of only 5%, compared to 21% in the prior year.In the accompanying earnings call, the Company’s Chief Financial Officer, Lior Shemesh,stated margin results were “driven by elevated investments in Base44”, the Company’s AI tool, and the Company “continue[s] to incur elevated AI compute costs as we scale to meet stronger-than-expected Base44 demand and maximize gross profit dollars.” The Company’s Co-Founder and President, Nir Zohar, also acknowledged Wix’s other AI tool, Wix Harmony, was experiencing customers “pointing out to us specific holes, if you may, or missing capabilities.”On this news, Wix’s stock price fell $20.56, or 27.1%, to close at $55.32 per share on May 13, 2026, thereby injuring investors.Contact Us To Participate or Learn More:If you purchased Wix securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:The Law Offices of Frank R. Cruz,2121 Avenue of the Stars, Suite 800,Century City, California 90067Call us at: 310-914-5007Email us at: info@frankcruzlaw.comVisit our website at: www.frankcruzlaw.com.Follow us for updates on Twitter at twitter.com/FRC_LAW.If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz310-914-5007fcruz@frankcruzlaw.comwww.frankcruzlaw.comView source version on businesswire.com: https://www.businesswire.com/news/home/20260526679023/en/
Securities Fraud Investigation Into Wix.com Ltd. (WIX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Securities Fraud Investigation Into Wix.com Ltd. (WIX) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. CruzThe Law Offices of Frank R. Cruz announces an investigation of Wix.com Ltd. (“Wix” or the “Company”) (NASDAQ: WIX) on behalf of investors concerning the Company’s possible violations of federal securities laws.IF YOU ARE AN INVESTOR WHO LOST MONEY ON WIX.COM LTD. (WIX), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.What Is The Investigation About?On May 13, 2026, Wix released its first quarter 2026 financial results, including earnings per share of $0.68, a 56% decline year over year, and an operating margin of only 5%, compared to 21% in the prior year.In the accompanying earnings call, the Company’s Chief Financial Officer, Lior Shemesh,stated margin results were “driven by elevated investments in Base44”, the Company’s AI tool, and the Company “continue[s] to incur elevated AI compute costs as we scale to meet stronger-than-expected Base44 demand and maximize gross profit dollars.” The Company’s Co-Founder and President, Nir Zohar, also acknowledged Wix’s other AI tool, Wix Harmony, was experiencing customers “pointing out to us specific holes, if you may, or missing capabilities.”On this news, Wix’s stock price fell $20.56, or 27.1%, to close at $55.32 per share on May 13, 2026, thereby injuring investors.Contact Us To Participate or Learn More:If you purchased Wix securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:The Law Offices of Frank R. Cruz,2121 Avenue of the Stars, Suite 800,Century City, California 90067Call us at: 310-914-5007Email us at: info@frankcruzlaw.comVisit our website at: www.frankcruzlaw.com.Follow us for updates on Twitter at twitter.com/FRC_LAW.If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. The Law Offices of Frank R. Cruz, Los AngelesFrank R. Cruz310-914-5007fcruz@frankcruzlaw.comwww.frankcruzlaw.comView source version on businesswire.com: https://www.businesswire.com/news/home/20260526679023/en/
