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WIX SHAREHOLDER ALERT: Investors Encouraged to Contact Kirby McInerney LLP About Potential Securities Laws Violations
GlobeNewswire Inc.·
Wix.com Ltd. faces a securities investigation following disappointing Q1 2026 results and significant stock declines. The company reported earnings and revenue below expectations, attributed to weakness in its professional developer business and competitive pressures from AI tools. A subsequent June 8 announcement of a 20% workforce reduction and downgraded 2026 financial guidance triggered an additional 8% stock price decline. The law firm is investigating potential federal securities law violations.
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