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3 Reasons I'm Holding Wix Stock Despite Its Post-Earnings Crash

TheMotleyFool

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3 Reasons I'm Holding Wix Stock Despite Its Post-Earnings Crash

Shares of Wix.com (NASDAQ: WIX) fell 17% following the release of its second-quarter financial results on Aug. 4. While the stock has regained some of that lost ground, it's still down almost 40% from its year-to-date high despite a raging bull market.

I'm not surprised by the market's reaction to Wix's latest earnings report, but here are three reasons I'm still holding this stock for the long term.