Quick Win by the Algorithm: Wix.com Ltd (NASDAQ: WIX) Starts the Last Month of Q1 2018 with 27.58% In 14 Days
Quick Win by the Algorithm
[Source: commons.wikipedia.org]“Continued improvements to our product offering and successful execution of marketing campaigns drove robust financial results this quarter, closing out a strong year,”
– Avishai Abrahami, Co-founder and CEO of Wix, press release of FY17 results, February 14th, 2018.
Over the past two weeks Wix.com Ltd (NASDAQ: WIX) stock price jumped by 27.58% from $63.85 to $76.80 per share, outperforming the industry’s index (NASDAQ) by some 23% during this period. Wix’s bullish stock performance followed the company’s press release of the