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Baillie Gifford’s 13F portfolio value decreased from ~$182B to ~$143B this quarter. They increased Affirm Holdings, Coupang, and Ginkgo Bioworks while reducing Petroleo Brasileiro and First Republic Bank. The top three positions are Tesla Motors, Moderna, and Illumina, and ...
Shares of digital platform company Wix.com (NASDAQ: WIX) popped on Wednesday after the company announced it has a $500 million plan in place. The stock closed the session up 11%. Some investors might argue that the market wasn't positively reacting to news from Wix, conside...
Wix.com (WIX) has received court approval to repurchase up to $500M of the company’s ordinary shares and/or convertible notes, effective until December 31, 2022. The company may file extension requests with the court on an ongoing basis as required. Shares up 0.7% PM. ...
Wix Relaunches its Solution for Hotels - Now Powered by HotelRunner, Providing a Comprehensive Platform Built for the Hospitality Industry PR Newswire The new platform provides a complete solution for all types of accommodations to manage and grow their hospitality bus...
Shopify fell 12% on Friday due to investors developing a bearish thesis from the company's poor earnings report and strong economic data. The company will undergo a vote for a 10-to-1 stock split on June 7, but a provision giving CEO Tobi Lutke founder shares is facing opposition. ...
The early pandemic surge in website building and new online activity appears to have long since dissipated. Shares of top website creation company Wix.com (NASDAQ: WIX) have been suffering as its once fast-paced growth trajectory settles down to a more gentle slope of expansion. The...
Though Wix has also developed some promising professional tools, its flagship DIY platform still comprises the majority of revenue. While this core ‘build and subscribe’ business has proven to be quite profitable in the past, Wix has opted to spend the last several years...
Arch Capital is a concentrated, long-only equity fund aiming to compound capital at an above-market rate. The fund holds a concentrated collection of high-quality businesses purchased at prices where we believe forward returns can exceed a rate of 15% a year. With the fund down 15...
Once a highflier, Wix.com (NASDAQ: WIX) has lost its wings. During the pandemic, the software provider saw its business boom as users scrambled to digitize their businesses. But lately, demand for its service has tapered off as global economies reopened. Investors mostly expecte...
On Monday, May 16, website building platform Wix.com (NASDAQ: WIX) reported its earnings results for the first three months of 2022. The company posted solid first-quarter revenue growth of 14%, but its guidance was below Wall Street's estimates, causing investors to sell shares the...
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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")...