Wix (WIX) shares drop after a 20% workforce cut and 2026 guidance update: higher free cash flow, lower bookings and revenue.
WIX crashed ~66% to $52 over the past year yet trades at a forward P/E of 10 and a PEG of just 0.13. Velasquez frames WIX as a binary trade: if Base44 and Wix Harmony monetize, today's price becomes a ...
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