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Deadline Alert: Wix.com Ltd. (WIX) Shareholders Who Lost Money Urged To Contact Glancy Prongay Wolke & Rotter LLP About Securities Fraud Lawsuit
GlobeNewswire Inc.·
A securities fraud class action lawsuit has been filed against Wix.com Ltd. for allegedly making materially false and misleading statements about its AI product offerings between February 2025 and May 2026. The company allegedly overstated the competitiveness and performance of its AI products while understating associated costs. Three significant stock price declines occurred following earnings announcements revealing disappointing guidance, unexpected post-acquisition costs, and weakness in the professional developer business. The deadline to file a lead plaintiff motion is September 22, 2026.
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