3 Reasons I'm Holding Wix Stock Despite Its Post-Earnings Crash

Shares of Wix.com (NASDAQ: WIX) fell 17% following the release of its second-quarter financial results on Aug. 4. While the stock has regained some of that lost ground, it's still down almost 40% from its year-to-date high despite a raging bull market.

I'm not surprised by the market's reaction to Wix's latest earnings report, but here are three reasons I'm still holding this stock for the long term.

Continue reading

Source Fool.com