Kaplan Fox Alerts Wix.com Ltd. (WIX) Investors to the Lead Plaintiff Deadline on September 22, 2026

Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Wix.com Ltd. ("Wix" or the "Company") (NASDAQ: WIX) on behalf of investors that purchased or otherwise acquired Wix securities between February 19, 2025 and May 12, 2026 (the "Class Period"). According to the complaint, Wix and the other defendants "consistently represented throughout the Class Period that Wix's purported leadership in AI-powered web development set it apart from competitors with similar offerings." However, in reality, according to the complaint, "the Company's costs were accelerating at an alarming rate as it struggled to maintain its relevance in this market, particularly as competing AI technologies and services were increasingly outpacing the capabilities of Wix's own products." Then, on May 13, 2026, according to the complaint, Wix reported its first quarter 2026 results, including earnings and revenue below consensus expectations, and a sharp decline in operating margins that it largely attributed to softness in its professional developer business. On this news, Wix's stock price fell $20.56 per share, or 27.1%, to close at $55.32 per share on May 13, 2026.