Wix shares plummet after Q1 earnings

Shares drop after Q1 results and outlook disappoint analysts. Website builder and domain name registrar Wix (NASDAQ: WIX) announced its first quarter earnings today. Shares are down 13% as of 11 am ET. Total revenue in Q1 was $473.7 million, up 13% year over year. The company splits this into two groups: Creative Subscriptions was [...]