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News 2026-09-25 17:07 UTC

Wix (WIX) Stock Trades Down, Here Is Why

What Happened? Shares of website building platform Wix NASDAQ:WIX fell 5.1% in the afternoon session after Gen Digital made a takeover approach for GoDaddy, a peer web services provider, putting pressure on stocks in the sector.Investors appeared to react cautiously to the prospect of consolidation…