operating margins decline

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GlobeNewswire Inc.GlobeNewswire Inc.··Pomerantz Llp

Wix Stock Plunges 27% After Earnings Miss; Law Firm Launches Fraud Investigation

Pomerantz LLP investigates $WIX following Q1 earnings miss with revenue and earnings below consensus. Stock collapsed 27% to $55.32 on margin pressure and AI competition.
WIXsecurities fraudearnings miss