US stocks surged | Q1 adjusted earnings per share lower than expected, Wix.com (WIX.US) plummeted over 12%

According to the Securities Times APP, on Wednesday, Wix.com (WIX.US) plummeted more than 12%, closing at $158.33. On the news front, the company announced its financial results for the first quarter of the 2025 fiscal year, with quarterly revenue increasing by 13% year-on-year to approximately $474 million, exceeding the analyst consensus expectation of $473 million. Adjusted earnings per share were $1.55, lower than the analyst consensus expectation of $1.60.