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Why Wix Stock Popped on the Market's Down Day

Jon Quast, The Motley Fool
·2-min read
Why Wix Stock Popped on the Market's Down Day

As of 1:45 p.m. ET, Wix stock was up about 5%. As of this writing, the S&P 500 is down 24% from its all-time high, and Wix stock is down 77% from its high. Upgrades during down times are relatively rare, which is why today's upgrade from Oppenheimer analyst Ken Wong comes as somewhat of a surprise.

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