nasdaqwix
Wix (NASDAQ: WIX) stock price came into the spotlight on Monday after Permira, a London-based private equity company, acquired Squarespace (SQSP) in a $6.9 billion all-cash transaction. It jumped by over 3% as Squarespace surged by over 13%. Squarespace’s acquisition’s implication for WixSquarespace and Wix are some of the biggest website builders globally, with millions of users from around the world. The other big players are companies like GoDaddy, Weebly, and WordPress. Wix and Squarespace have a market cap of over $6.8 billion and $5.25 billion, respectively, meaning that Permira paid a b...
Invezz
WIX stock is just the latest Israeli tech company targeted by the New York investment firm Shares of Wix.com (NASDAQ:WIX), the leader in do-it-yourself web development, have been on a rollercoaster ride in recent trading sessions following significant purchases by company insiders and activist investor Starboard Value. In a recentForm 6-K filing, the company announced that Avishai Abrahami, co-founder and CEO, Nir Zohar, president and COO, and other board members, including a family trust associated with Chairman Mark Tluszcz, bought more than $3 million worth of the company’s stock in open ma...
ValueWalk
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