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On June 18, 2025,
.com (WIX) saw a significant increase in trading volume, reaching $369 million, a 168.18% surge from the previous day. This surge placed Wix in the 203rd position in terms of trading volume for the day. The stock price also rose by 0.87%, marking the third consecutive day of gains, with a total increase of 6.32% over the past three days.Wix has further expanded its capabilities in the realm of 'vibe coding' through the acquisition of Base44. This AI-powered platform allows users to create fully functional, custom software using natural language, aligning with the industry's shift towards intent-based development. The acquisition was finalized for approximately $80 million, with additional earn-out payments to be made over time.
This strategic move by Wix underscores its commitment to enhancing its AI capabilities and staying at the forefront of technological advancements. By integrating Base44's technology, Wix aims to provide its users with more intuitive and powerful tools for software development, further solidifying its position in the market.
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