Wix now worth $7 billion

Shares in Israeli website developer Wix climbed after Q2 profit beat expectations by a wide margin. Wix reported an adjusted profit of $136.2 million, or $2.44 per share, far surpassing analysts’ expectations of $1.76 per share. The company’s market capitalization now stands at over $7 billion.

https://www.calcalistech.com/ctechnews/article/65gff4ws9

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