Wix Stock Plunges 27% After Q1 Earnings Miss as AI Spending Spooks Investors
New York—May 13, 2026, 17:03 EDT Shares of Wix.com Ltd. dropped 27.1% on Wednesday, as investors punished the website-building firm for falling short of first-quarter profit estimates. Its AI investments drew scrutiny, driving the stock down to $55.32 in the wake of pre-market earnings.