Wix.com Just Got Hit With a Downgrade and the AI Threat Is Getting Real
Corroborated by 1 source from 1 publisher
globaltech2d ago
TL;DR
According to finance.yahoo.com, quick Read - - JPMorgan downgraded Wix due to core business revenue growth deceleration and slower-than-expected margin improvement, viewing these as structural headwinds from intensifying technology-driven competition rather than cyclical challenges.