Why Is Wix.com (WIX) Down 7.5% Since Last Earnings Report?
Wix(WIX) ZACKS·2024-06-20 00:31
It has been about a month since the last earnings report for Wix.com (WIX) . Shares have lost about 7.5% in that time frame, underperforming the S&P 500.Will the recent negative trend continue leading up to its next earnings release, or is Wix.com due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. WIX Q1 Earnings & Revenues Beat EstimatesWix reported ...