Home
Storia in 1 fonti
WIX stock plunges 30% on Wall Street after Q1 results miss expectations
Weak revenue reports and a move to negative operating profitability are sending the Israeli company's stock down; Dow Jones falls slightly, S&P 500 is stable and Nasdaq rises 0.3%
Raccontata da
ynetnews.com
- ·
WIX stock plunges 30% on Wall Street after Q1 results miss expectations
Weak revenue reports and a move to negative operating profitability are sending the Israeli company's stock down; Dow Jones falls slightly, S&P 500 is stable and Nasdaq rises 0.3%
- ·
Behind the plunge: Wix’s old playbook is unraveling before its eyes
The Israeli website-building company missed first-quarter forecasts as investors question whether new AI tools and Base44 can offset pressure on its core business and whether it…