Why Wix.com Ltd. Stock Slipped 11% Last Month
Shares of Wix.com Ltd. (NASDAQ: WIX) dipped 11% in July according to data from S&P Global Market Intelligence.
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Shares of the internet-hosting company slid after it posted a disappointing second-quarter earnings report. As the chart below shows, the stock had risen fairly steadily in July before those gains were more than wiped out in response to that report.
Source: Fool.com
Wix.com Ltd. Stock
€148.50
-0.070%
The stock is one of the favorites of our community with 34 Buy predictions and 1 Sell predictions.
As a result the target price of 163 € shows a slightly positive potential of 9.76% compared to the current price of 148.5 € for Wix.com Ltd..