Wix.com Ltd. (NASDAQ:WIX) shares are touching fresh 52-week lows Monday, continuing a brutal slide that began with a massive Q1 earnings miss in May — as investors also weigh whether AI poses an existential threat to the company's core website-building business or represents an opportunity it can grow into.
Wix Hits 52-Week Lows As Earnings Miss, Mass Layoffs, And AI Fears Pile On
Source: Benzinga