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home / articles / why wix com shares are trading higher by 7 here are mwn benzinga


WIX - Why Wix.com Shares Are Trading Higher By 7%; Here Are 20 Stocks Moving Premarket | Benzinga

Shares of Wix.com Ltd. (NASDAQ:WIX) rose sharply in today's pre-market trading as the company posted upbeat results for its first quarter and raised its 2024 forecast on Monday.

Wix.com posted adjusted earnings of $1.29 per share, beating market estimates of $1.03 per share. The company's quarterly sales came in at $419.776 million versus expectations of $417.837 million, according to data from Benzinga Pro.

Wix.com shares jumped 6.9% to $145.08 in the pre-market trading session.

Here are some other stocks moving in pre-market trading.

Gainers

  • MultiMetaVerse Holdings Limited (NASDAQ:MMV) gained 98.4% to $1.23 in pre-market trading after jumping around 16% on Friday.
  • Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) shares gained 79.6% to $1.85 in pre-market trading. Faraday Future Intelligent Electric is scheduled to report its fourth quarter and full year 2023 results after the closing bell on Tuesday, May 28.
  • GT Biopharma, Inc. (NASDAQ:GTBP) rose 51.4% to $4.72 in today's pre-market trading. GT Biopharma, last week, posted a narrower-than-expected quarterly loss.
  • Cue Health Inc. (NASDAQ:HLTH) gained 45.3% ...

Full story available on Benzinga.com

Stock Information

Company Name: Wix.com Ltd.
Stock Symbol: WIX
Market: NASDAQ

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