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Wix Stock Plummets Amid Revenue Woes | Business and Finance News
Published 2 days, 9 hours ago
Description
Wix is bleeding cash and losing ground—down 50% since December, hovering around $45.50. Billings growth lags the sector at just 13.8% YoY, signaling weak customer retention. Operating margins are shrinking, and cash flow margins are expected to fall too. Is it a bargain—or a warning sign?
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