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WIX 10-DAY DEADLINE ALERT: Wix.com Ltd. Investors Alerted to September 22, 2026 Lead Plaintiff Deadline in Securities Class Action Lawsuit
GlobeNewswire Inc.·
Wix.com Ltd. (NASDAQ: WIX) faces a securities class action lawsuit after a 27% stock price drop in May 2026 following Q1 2026 earnings. The company allegedly made false statements about its AI products (Base44 and Harmony), overstating their competitiveness and performance while understating associated costs. Operating expenses spiked 46% year-over-year, with non-GAAP S&M expenses surging 88%, causing operating margins to collapse from 21% to 5%. The lead plaintiff deadline is September 22, 2026.
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