Key facts
- Wix.com Ltd. shares fell 27% on May 13, 2026.
- The decline followed the company's Q1 2026 financial results announcement.
- The stock drop resulted in a loss of over $1.1 billion in market capitalization.
- Investors are scrutinizing an unanticipated 46% spike in operating expenses.
Investors in Wix.com Ltd. (NASDAQ: WIX) experienced a substantial loss on May 13, 2026, as the company's stock price tanked $20.56, representing a 27% decrease. This sharp decline followed the announcement of Wix's Q1 2026 financial results. The market's reaction suggests a significant reassessment of the company's valuation, wiping over $1.1 billion from its market capitalization. Investors are scrutinizing an unanticipated spike in operating expenses reported in the quarter, which increased by 46%.