Wix.com Stock Drops Sharply in May Amid Earnings Concerns

Shares of Wix (NASDAQ: WIX) fell by 24.9% in May due to concerns over rising AI development costs and a shift away from its core website-building platform, as highlighted in recent earnings reports.

By Brett Schafer · Motley Fool · June 3, 2026, 01:31 UTC

Wix.com Stock Drops Sharply in May Amid Earnings Concerns

Tickers: $WIX

Topics: AI impact on business model costs and expenses stock decline workforce reduction

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