WIX(dot)COM Launches a $200 Million Share Buyback. Is the Stock of the Provider of AI Tools for web Presence Taking off now?
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The Wix(dot)com stock is one of the AI profiteers. Following a setback in recent weeks to the adjusted pivotal price line resulting from the latest figures, the consolidation could now be coming to an end. What makes the stock interesting? The group has more than 268 million users and generates over $1.2 billion in annual recurring revenue with its tools to automate the creation of websites, create online stores, implement online appointment bookings or help restaurants implement an online presence including a booking system. Customers pay...
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