Why Isn't This Technology Company Attracting as Many New Users as It Expected?

·3 min read

Wix.com (NASDAQ: WIX) is a company that helps its users build an online presence with easy-to-use software tools. In this video from Motley Fool Backstage Pass, recorded on Oct. 8, Millionacres editor Deidre Woollard and Fool contributors Jason Hall and Jon Quast discuss what might be going on. Importantly, they note that this reduction in new users corresponded to a decrease in marketing spend.

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