|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||69.70 - 71.17|
|52-week range||64.81 - 88.32|
|Beta (5Y monthly)||0.93|
|PE ratio (TTM)||34.66|
|Earnings date||01 Nov 2022 - 07 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||99.47|
Shares of Wix.com (NASDAQ: WIX) have fallen sharply from their 52-week high, but shareholders received some interesting news this week as Starboard Value has taken a 9% stake in the company. Shares rose 15.7% on Monday based on news of the prominent activist investor revealing its position. Here's why Starboard's involvement is a positive development for Wix shareholders and why there could be even more upside ahead.
The company behind the Web3 domain service and Virgil Griffith sued GoDaddy in September alleging the domain registration platform falsely announced eth.link had expired, and then sold it to a third party.
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