Why Wix.com's Stock Is Trading Higher Today

Wix.com WIX shares are trading higher on Monday, after the company reported new registered users, premium subs, cohort collections and overall site visits began increasing in mid-March.

Wix.com is an Israeli software company, providing cloud-based web development services. It allows users to create HTML5 websites and mobile sites through the use of online drag and drop tools.

Wix.com shares were trading up 6.37% at $121.75 at time of publication. The stock has a 52-week high of $156.40 and a 52-week low of $76.81.