Advertisement
UK markets close in 42 minutes
  • FTSE 100

    7,810.33
    -155.20 (-1.95%)
     
  • FTSE 250

    19,357.98
    -340.91 (-1.73%)
     
  • AIM

    739.91
    -10.37 (-1.38%)
     
  • GBP/EUR

    1.1704
    -0.0007 (-0.06%)
     
  • GBP/USD

    1.2448
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    50,187.08
    -1,781.36 (-3.43%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,052.43
    -9.39 (-0.19%)
     
  • DOW

    37,816.59
    +81.48 (+0.22%)
     
  • CRUDE OIL

    85.24
    -0.17 (-0.20%)
     
  • GOLD FUTURES

    2,387.10
    +4.10 (+0.17%)
     
  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     
  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     
  • DAX

    17,738.75
    -287.83 (-1.60%)
     
  • CAC 40

    7,911.26
    -133.85 (-1.66%)
     

Why Wix Stock Soared This Past Week

Why Wix Stock Soared This Past Week

Shares of Wix.com (NASDAQ: WIX) surged more than 20% last week after the website-development platform reported significant progress toward its profitability and cash flow production goals, according to data from S&P Global Market Intelligence. The company's business solutions revenue also increased 8% to $84.7 million, with transaction revenue jumping 12% to $36 million. "Wix continues to be the preferred platform for millions globally," CEO Avishai Abrahami said in a press release.