Wix’s Plunge: A Fund’s Unusual Bet

A November 13 filing reveals Elwood Capital Partners LP increased its Wix.com position to 40,033 shares, valued at $7.11 million as of September 30. The purchase occurred against a backdrop of shareholder anxiety: Wix’s stock has fallen 53% over 12 months, lagging the S&P 500’s 15% gain.


