Wix.com Ltd. (WIX) shares rose 4.98 percent, or $4.39, to $92.35 on Wednesday after the company announced that its board of directors approved a two-year securities repurchase program of up to $2 billion for fiscal years 2026-2027.
The authorization allows Wix to repurchase ordinary shares and/or convertible notes, signaling confidence in its long-term outlook.
Wix's stock opened at $96.09, compared to the previous close of $87.96. The shares traded within a range of $91.31 to $96.77 on the Nasdaq. At the time of reporting, Wix's stock was last quoted with a bid of $68.84 and an ask of $117.23. The trading volume totaled approximately 1.44 million shares, slightly below the average volume of 1.56 million shares.
Over the past 52 weeks, Wix.com shares have traded within a range of $75.00 to $246.78.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.