Why Is Wix Stock Falling Friday?

Workday shares are trading lower after the company reported Q2 financial results and cut its FY27 sales guidance below estimates. Also, the company issued Q3 sales guidance below estimates.

Workday Board Authorizes Open-Ended Repurchase of Up to An Additional $4B of Its Outstanding Shares Of Class A Common Stock

Workday welcomed new customers including BWX Technologies, Inc., Guess, KPMG LLP, and S-E-B, and expanded existing relationships with Caterpillar, Delivery Hero (Talibat), Lithia & Driveway, Merck & Co., Inc.,

Workday Sees Q3 Sales $2.515B vs $2.697B Est

Workday (NASDAQ:WDAY) sees Q3 sales of $2.515 billion vs $2.697 billion analyst estimate.

Workday Lowers FY2027 Sales Guidance from $10.635B-$10.660B to $9.940B-$9.950B vs $10.669B Est

Workday (NASDAQ:WDAY) lowers FY2027 sales outlook from $10.635 billion-$10.660 billion to $9.940 billion-$9.950 billion vs $10.669 billion estimate.

Wix.com Ltd. Notice of September 22, 2026 Application Deadline for Class Action Lawsuit - Contact Lewis Kahn, Esq. at Kahn Swick & Foti, LLC, Before Application Deadline

Law firm Kahn Swick & Foti has filed class action securities lawsuits against Wix.com Ltd. and EquipmentShare.com Inc. for alleged securities fraud. Wix is accused of overstating AI product competitiveness and understating development costs during the February 2025 to May 2026 period. Investors who purchased securities during the class periods have until September 22-21, 2026 to apply as lead plaintiffs.

Wix.com shares are trading higher after Wedbush raised its price target on the stock from $55 to $80.