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Website builder Wix.com (NASDAQ: WIX) recently announced that its board had authorized a $500 million share buyback program. The move was interesting since the tech company just completed a $200 million share repurchase program last year. But before the company can start buy...
We seemed to have emerged from the tech stocks bear market bottom as we moved into Q2'22. We believe the secular themes undergirding tech and growth stocks will continue to play out in Q2. We discuss the key themes that investors should focus on. For further details see: ...
Shopify gave the short-term bounce that we expected. Longer-term story looks very tenuous at these valuations. Inflation and earnings downgrades will relabel this as "Dropify" in 2022. For further details see: Shopify: Look For Another 45% Drop In 2022
Wix (NASDAQ:WIX) said it's partnering with DoorDash (NYSE:DASH) to provide on-demand delivery to restaurant owners using Wix Restaurants. Businesses using Wix Restaurants can fully deliver orders made directly on their own websites through DoorDash (DASH), according to a statement. The new pa...
Wix Partners with DoorDash to Launch On-Demand Delivery for Restaurants PR Newswire Restaurant owners can provide delivery directly from the Wix Restaurants' commission-free platform through a new partnership with DoorDash Drive NEW YORK , Mar...
BAMCO’s 13F portfolio value increased from $44.15B to $47.14B this quarter. Ron Baron increased Taiwan Semi, Iridium Communications, and Spotify while dropping Zillow Group. Their top five positions are at ~27% of the overall portfolio. For further details see: Tr...
The last several months haven't been easy for most tech stock investors. The Nasdaq-100 Tech Sector Index is down by more than 15% from its recent highs, and many smaller tech companies have seen even more significant drawdowns. But with volatility comes opportunity, and the recent sell...
Wix.com (NASDAQ:WIX) has announced a repurchase program to buyback up to $500M of its securities from time to time. The company plans to file a motion seeking court approval in Israel for its repurchase program. WIX shares are up ~4% after-hours For further details see: Wix.co...
Wix to Host Virtual Analyst & Investor Day on May 19, 2022 Wix to Host Virtual Analyst & Investor Day on May 19, 2022 PR Newswire Wix will release first quarter 2022 results on May 16, 2022 NEW YORK , March 23, 2022 /PRNewswire/ --...
Wix.com (NASDAQ:WIX) announced a new integration with Amazon Multi-Channel Fulfillment (MCF) that allows Wix eCommerce merchants to easily fulfill ecommerce orders using Amazon's order fulfillment services with 1- and 2-day shipping needs. Wix eCommerce merchants in the U.S., whether they sel...
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Wix to Announce Second Quarter 2024 Results on August 7, 2024 PR Newswire NEW YORK , July 17, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that it will report its results for the second quarter ended June 30, 2024 before t...
2024-07-15 12:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
Wix Announces Board Authorization of $200 Million Share Repurchase Program PR Newswire NEW YORK , July 10, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX) ("Wix," the "Company," "we" or "our"), today announced that its Board of Directors (the "Board")...