Wix.Com Ltd is trading at $43.85 (5.1% down), extending a multi-day slide following its early-June restructuring announcement and reduced 2026 growth outlook.
- The decline follows a June 8 Form 6-K filing detailing a 20% workforce reduction and scaled-back product offerings.
- Investors remain cautious after management lowered bookings and revenue guidance, which has overshadowed higher free cash flow targets and cost-saving initiatives.