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Stock impact report

Here is What to Know Beyond Why Wix.com Ltd. (WIX) is a Trending Stock [Yahoo! Finance]

Wix.com Ltd. - Ordinary Shares (WIX) 
Last wix.com ltd. - ordinary shares earnings: 2/20 01:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Shares of this cloud-based web development company have returned +31.2% over the past month versus the Zacks S&P 500 composite's +3.8% change. The Zacks Computers - IT Services industry, to which Wix.com belongs, has gained 6.9% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. Our analysis is essentially based on how sell-side analysts covering the stock are revising their earnings estimates to take the latest business trends into acco Show less Read more
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