Dutch-style repurchase faces skepticism and UBS lowers rating, Wix.com (WIX.US) plunges nearly 10%

老虎证券2026/04/03 06:32

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The company stated that it is expected to repurchase approximately 18.7 million shares at a price of $92 per share through a Dutch auction. Wix's share price fell sharply that day, not only giving back all pre-market gains but also ultimately closing down 9.45%.

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Dutch-style repurchase faces skepticism and UBS lowers rating, Wix.com (WIX.US) plunges nearly 10%

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