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Wix.com (WIX) 27% Drop Prompts Investor Scrutiny - HBSS Investigating Unanticipated Spike in Operating Expenses

Markets PR Newswire By PR Newswire 04 Jun 2026 19:30 1 min read
Wix.com (WIX) 27% Drop Prompts Investor Scrutiny - HBSS Investigating Unanticipated Spike in Operating Expenses

SAN FRANCISCO, June 4, 2026 /PRNewswire/ -- Investors in Wix.com Ltd. (NASDAQ: WIX) saw the price of their shares tank $20.56 (-27%) on May 13, 2026, wiping out over $1.1 billion of the company's market capitalization, after Wix announced its Q1 2026 financial results and a massive 46%...

SAN FRANCISCO, June 4, 2026 /PRNewswire/ -- Investors in Wix.com Ltd. (NASDAQ: WIX) saw the price of their shares tank $20.56 (-27%) on May 13, 2026, wiping out over $1.1 billion of the company's market capitalization, after Wix announced its Q1 2026 financial results and a massive 46%...

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