Pomerantz Law Firm Investigates Wix.com Over Securities Fraud Claims

Earnings Impact 4
โดย GlobeNewswire·Read original
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Pomerantz LLP is investigating claims on behalf of investors of Wix.com Ltd. regarding potential securities fraud or unlawful business practices. The investigation follows Wix's May 13, 2026 release of its Q1 2026 financial results, which reported earnings and revenue below consensus expectations and a sharp decline in operating margins, largely attributed to softness in its professional developer business. Wix acknowledged that its professional developer customers were using competing AI tools, its new Wix Harmony platform had holes and missing capabilities, and there had been delays in delivering product updates and innovation, causing the company to fall behind the workflow and needs of professional developers. On this news, Wix's stock price fell $20.56 per share, or 27%, to close at $55.32 per share on May 13, 2026. Investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, extension 7980.

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