|Bid||84.38 x 800|
|Ask||85.50 x 900|
|Day's range||83.33 - 85.91|
|52-week range||53.12 - 207.00|
|Beta (5Y monthly)||1.07|
|PE ratio (TTM)||N/A|
|Earnings date||09 Nov 2022 - 14 Nov 2022|
|Forward dividend & yield||N/A (N/A)|
|1y target est||93.71|
BOSTON, October 06, 2022--Klaviyo, a unified customer platform, today announced it has established a new integration with Wix.com Ltd (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, providing Wix users with tools to continue building relationships with their customers. Through this integration, Wix users can seamlessly integrate their Wix store with Klaviyo’s customer platform to power personalized customer communications, ultimately helping brands to
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.
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.