WIX.com Ltd.
WIXWIX.com Ltd. is a cloud-based platform that enables users to create, design, and manage their own websites without requiring coding knowledge. Founded in 2006, the company offers a range of customizable templates, drag-and-drop tools, and integrated features for small businesses, entrepreneurs, and individual users. WIX operates globally, providing services that support e-commerce, online marketing, and website hosting, making it accessible for users to establish a professional web presence.
Company News
Wix announced Wix Harmony, a new AI-powered website builder that combines natural language 'vibe coding' with drag-and-drop visual editing. Built on Wix's enterprise-grade infrastructure, Harmony features Aria, an AI agent that understands context and executes complex design tasks while maintaining production-grade reliability, security, and scal...
Wix.com stock fell 51.6% in 2025 due to investor concerns about AI disruption to its website-building business. However, the company is countering this threat with its acquisition of Base 44, an AI vibe-coding tool growing rapidly. Despite the negative sentiment, Wix's underlying financials remain strong with double-digit revenue growth, over $50...
Shannon River Fund Management initiated a new $35.26 million position in FormFactor by acquiring 968,161 shares in Q3. FormFactor's stock has risen 22% over the past year, outperforming the S&P 500. The company beat Q3 estimates with revenue of $202.7 million, expanded gross margins, and strong free cash flow recovery, driven by double-digit grow...
Elwood Capital Partners increased its Wix position by 17,710 shares in Q3, bringing its total holding to 40,033 shares valued at $7.11 million (4.34% of AUM). Despite Wix stock falling 53% over the past year, the fund sees value in the company's strong fundamentals: Q3 revenue grew 14% YoY to $505 million, free cash flow reached $127 million (25%...
Shopify is a leading e-commerce infrastructure provider that helps online retailers operate, offering website development and payment processing services. The company has strong market share in the U.S., is expanding globally, and shows promising growth with increasing revenue and profitability.
