1 Reason to Sell Wix.com, and 3 Reasons to Buy

1 Reason to Sell Wix.com, and 3 Reasons to Buy
·4 min read

Wix's profitability has taken a few hits this year and that has some investors worried. Wix stock has been crushed by a combination of rising interest rates (which lower the long-term value of profits) and the company's lower bottom line this year as it spends to promote more growth. Full-year 2021 expected free cash flow has been forecast to be just $35 million to $40 million, down from $129 million in 2020.

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