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WIX News and Press, Wix.com Ltd. From 03/21/23

Stock Information

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

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WIX - Wix.com rises, GoDaddy slips as Morgan Stanley changes ratings on pair

2023-03-21 09:29:42 ET Wix.com ( NASDAQ: WIX ) stock rose in early trading on Tuesday while GoDaddy ( NYSE: GDDY ) fell as Piper Sandler changed its ratings on the web development companies, as the firm is now more geared towards growth than value. Analyst Clarke Jef...

WIX - Shopify: Profitability Plagued By Growing Pains

2023-03-11 10:00:00 ET Summary Investors should note that SHOP is not expected to record GAAP profitability over the next few years, suggesting the need to rely on adjusted numbers instead. Despite this, the company continues to prioritize vertically integrated e-commerce offering...

WIX - Wix Announces Changes to Board of Directors to Support New Phase of Value Creation

Wix Announces Changes to Board of Directors to Support New Phase of Value Creation PR Newswire Gavin Patterson , previously of Salesforce and Francesco de Mojana , previously of Permira, to join Wix's Board of Directors NEW YORK , March 8, 202...

WIX - Wix and Stripe Bring Tap to Pay on iPhone to U.S. Merchants

Wix and Stripe Bring Tap to Pay on iPhone to U.S. Merchants PR Newswire Business owners using Wix can accept secure contactless payments anywhere in the U.S. with Tap to Pay on iPhone NEW YORK , March 6, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: ...

WIX - Wix Stock Has Soared in 2023: Is the Party Just Getting Started?

2023 has started out hot for many technology stocks, and Wix (NASDAQ: WIX) is no exception. The website builder and provider of online tools for small businesses is up almost 20% year to date (YTD) after falling 80% from its 2021 highs. After its recent fourth-quarter earnings, shares pop...

WIX - These 2 Under-the-Radar Stocks Have Incredibly Bright Futures

Focusing on stocks that are not constantly in the headlines can uncover hidden gems that the market is significantly undervaluing. The two stocks below are wildly different but have one thing in common: They don't get a lot of attention on Wall Street, despite having great track records of delive...

WIX - Baron Asset Fund Q4 2022 Quarterly Letter

Summary Baron is an asset management firm focused on delivering growth equity investment solutions known for a long-term, fundamental, active approach to growth investing. The Fund increased 12.21% (Institutional Shares) during the quarter, outperforming the Russell Midcap Growth Index ...

WIX - Arch Capital 2022 Annual Letter To Partners

Summary Arch Capital is a concentrated, long-only equity fund aiming to compound capital at an above-market rate. Our investments centered on the two worst-performing sectors of 2022 (technology and communication services) which were both down over 30% last year. Over the many years...

WIX - Wix.com rises as Piper Sandler upgrades after strong Q4 results

Wix.com ( NASDAQ: WIX ) shares rose fractionally in early trading on Thursday as investment firm Piper Sandler upgraded the web development company after it reported strong fourth-quarter results, citing higher subscription additions. Analyst Clarke Jefferies raised his rating on ...

WIX - Wix.com Q4 Earnings: Strong Traction On Accelerated Path To Profitability

Summary Wix.com has materially increased its cash from operations via cost reduction measures, which it has also increased ~33% from its previous baseline. As such, management has now made clear it is 2 years ahead of schedule and expects non-GAAP net income profitability for FY2023. ...

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