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Wix AI Rollout And US$2b Buyback Reframe Long Term Story
Simply Wall St.149d agobullish
Wix AI Rollout And US$2b Buyback Reframe Long Term Story

Wix.com (NasdaqGS:WIX) has rolled out AI-focused platforms Wix Harmony and Base44, expanding its tools for building and managing online businesses. The company has also authorized a share buyback program of up to $2b, signaling a significant capital allocation decision. For investors watching Wix.com at a share price of $77.54, these moves arrive after a mixed share price record. The stock is down 11.0% over the past 30 days and 23.2% year to date, with a 54.4% decline over the past year...