Wix.com’s Stock Gets Boost from Artificial Intelligence Features

The frustration of building a website has eased over the years with the assistance of third-party tools, but putting together a well-crafted site still remains challenge for many small business owners and hopefuls trying to brand new companies. Since 2006, tools such as those developed by Wix.com (WIX)  have saved many computers from flying out of frustrated site builders’ windows, and its latest, artificial intelligence-backed version has analysts excited. Since the announcement of this new product earlier this week, shares of Wix have risen 3.7% to $29.14. So far this year, Wix shares are up 20%. Analysts are encouraged by the rigorous roll-out of the new web-building tool ADI, or artificial design intelligence, that was detailed at an analyst’s day early Thursday.  Jason Helfstein of Oppenheimer & Co. increased his price target on WIX from $32 to $37 Thursday morning,…

Link to Full Article: Wix.com’s Stock Gets Boost from Artificial Intelligence Features

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