What happened to wish stock?
The Relief Rally in ContextLogic Stock is Over. Last month’s relief rally took ContextLogic (NASDAQ: WISH) back above $2 per share It’s only a matter of time before the e …
Should you buy ContextLogic (wish) stock based on options moves?
Apr 14, 2022 · nasdaq.com - March 26 at 3:25 PM. With Busted Growth Play, ContextLogic Stock Will Continue to Unravel. investorplace.com - March 24 at 7:05 PM. ContextLogic (NASDAQ:WISH) Sees Large Volume Increase. americanbankingnews.com - March 24 at 1:00 PM. ContextLogic Is an E-Commerce Stock to Avoid This Year.
Where can I buy shares of wish?
Apr 15, 2022 · ContextLogic's stock was trading at $0.3601 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WISH stock has increased by 483.2% and is now trading at $2.10. View which stocks have been most impacted by COVID-19.
How big is wish stock’s volume today?
Jun 08, 2021 · The company behind the e-commerce platform Wish is being raised up by retail investing fiends amidst the meme stock rally. Because of this, the share price is really popping on today’s trading...
Why wish stock is going up today?
ContextLogic (WISH +7.2%) shares rose after the company reported an earnings beat Wednesday afternoon. The earnings beat was primarily due to disciplined spending, as the company significantly cut back digital ad spending while focusing on user retention.Nov 11, 2021
Why did wish stock jump?
The e-commerce platform's shares joined in on the “meme mania” that took place in early June of last year - WISH shares blasted off, gaining 80% that month following a short squeeze that was motivated by retailer investors trying to take advantage of the stock's high short interest.Feb 24, 2022
Is wish a good stock to buy 2021?
Investors in the eCommerce group ContextLogic (NASDAQ:WISH) stock have not had a good year. So far in 2021, WISH stock is down about 80%.Dec 27, 2021
Is wish a good stock to buy right now?
During the day the stock fluctuated 10.14% from a day low at $2.07 to a day high of $2.28....Predicted Opening Price for ContextLogic Inc. of Wednesday, April 13, 2022.Fair opening price April 13, 2022Current price$2.15$2.09 (Undervalued)
Can wishes recover?
Opportunities for WISH Stock Recovery in 2022 WISH is offering financial incentives to attract quality vendors. It's offering discounts and coupons to users too. If these strategies work, business volumes may recover, but profitability may suffer in the short term.Dec 27, 2021
Is Wish owned by Amazon?
Wish is an American online e-commerce platform for transactions between sellers and buyers. Wish was founded in 2010 by Piotr Szulczewski (CEO) and Danny Zhang (former CTO). Wish is operated by ContextLogic Inc. in San Francisco, United States....Wish (company)Type of businessE-commerceCurrent statusActive17 more rows
Will wish ever go up?
Join Over 1 Million Premium Members Receiving… But for now, analysts still expect a lot of near-term pain. They expect Wish's revenue to drop 17% in 2021, decline 16% in 2022, and possibly rise 34% in 2023 if its turnaround efforts bear fruit.Jan 6, 2022
Why Wish stock is falling?
Shares of e-commerce and logistics company ContextLogic ( WISH -4.80% ), commonly called Wish, plunged 16.6% in December, according to data provided by S&P Global Market Intelligence. The month started with an analyst downgrade, which caused the stock to fall.Jan 5, 2022
Is wish a strong buy?
Out of 8 analysts, 0 (0%) are recommending WISH as a Strong Buy, 1 (12.5%) are recommending WISH as a Buy, 5 (62.5%) are recommending WISH as a Hold, 1 (12.5%) are recommending WISH as a Sell, and 1 (12.5%) are recommending WISH as a Strong Sell. What is WISH's earnings growth forecast for 2022-2024?
Is wish a long term investment?
Recently IPO'd ContextLogic (NASDAQ:WISH), owners of e-Commerce website Wish.com, has not been great for investors chasing a short-term pop. WISH stock went public at $24 a share and immediately closed its first trading day at $20.Jul 12, 2021
Is Wish a china stock?
Wish is an e-commerce platform that sells everything from beauty supplies and fashion to gadgets and electronics. The website caters to buyers in over a hundred countries, although most merchants are from China, as noted by The Motley Fool.Sep 23, 2021
Is ContextLogic a buy right now?
11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 3 se...
How has ContextLogic's stock been impacted by COVID-19 (Coronavirus)?
ContextLogic's stock was trading at $0.3601 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health O...
Are investors shorting ContextLogic?
ContextLogic saw a decrease in short interest in the month of January. As of January 31st, there was short interest totaling 43,740,000 shares, a d...
When is ContextLogic's next earnings date?
ContextLogic is scheduled to release its next quarterly earnings announcement on Wednesday, May 11th 2022. View our earnings forecast for ContextL...
How were ContextLogic's earnings last quarter?
ContextLogic Inc. (NASDAQ:WISH) issued its quarterly earnings results on Tuesday, March, 1st. The company reported ($0.09) EPS for the quarter, top...
What price target have analysts set for WISH?
11 Wall Street analysts have issued 12 month target prices for ContextLogic's stock. Their forecasts range from $4.00 to $22.00. On average, they a...
Who are ContextLogic's key executives?
ContextLogic's management team includes the following people: Ms. Jacqueline D. Reses , Exec. Chairman (Age 51) Mr. Peter Szulczewski , Founder...
Who are some of ContextLogic's key competitors?
Some companies that are related to ContextLogic include Vipshop (VIPS) , Insight Enterprises (NSIT) , Revolve Group (RVLV) , Ozon (OZON) , Ove...
When did ContextLogic IPO?
(WISH) raised $1.1 billion in an initial public offering on Wednesday, December 16th 2020. The company issued 46,000,000 shares at $22.00-$24.00 pe...
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ContextLogic Media Sentiment
ContextLogic, Inc. engages in the operation of an online marketplace, that include Geek, Mama, Home, Cute, and Joyful Shopping. The company was founded by Peter Szulczewski and Danny Zhang in June 2010 and is headquartered in San Francisco, CA.
Media Coverage
Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.
ContextLogic (NASDAQ WISH) News Headlines Today
We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.
Is ContextLogic a buy right now?
Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm.
What stocks does MarketBeat like better than ContextLogic?
14 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 2 sell ratings, 7 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" ContextLogic stock.
When is ContextLogic's next earnings date?
Wall Street analysts have given ContextLogic a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but ContextLogic wasn't one of them.
How were ContextLogic's earnings last quarter?
ContextLogic is scheduled to release its next quarterly earnings announcement on Thursday, November 11th 2021.#N#View our earnings forecast for ContextLogic.
How has ContextLogic's stock price been impacted by Coronavirus (COVID-19)?
ContextLogic Inc. (NASDAQ:WISH) issued its quarterly earnings results on Thursday, August, 12th. The company reported ($0.17) EPS for the quarter, missing the Zacks' consensus estimate of ($0.14) by $0.03. The business had revenue of $656 million for the quarter, compared to the consensus estimate of $724.11 million.
What price target have analysts set for WISH?
ContextLogic's stock was trading at $0.3601 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, WISH stock has increased by 1,788.4% and is now trading at $6.80.#N#View which stocks have been most impacted by COVID-19.
Who are some of ContextLogic's key competitors?
14 equities research analysts have issued 1 year target prices for ContextLogic's shares. Their forecasts range from $5.00 to $28.00. On average, they anticipate ContextLogic's share price to reach $16.19 in the next twelve months.
How much did Wish sell for?
Some companies that are related to ContextLogic include Ozon (OZON), Vipshop (VIPS), Dingdong (Cayman) (DDL), Revolve Group (RVLV), Qurate Retail (QRTEA), Stitch Fix (SFIX), Insight Enterprises (NSIT), Overstock.com (OSTK), MYT Netherlands Parent B.V.
Who is the parent company of Wish?
WISH went public last month by selling 46 million shares at $24 for total proceeds of $1.1 billion, giving the company a market value of $14.1 billion. Its IPO came at a time when another wave of the Covid-19 was driving traffic on e-commerce websites including WISH.
How much did GE lose in 2020?
Explore the topics mentioned in this article. ContextLogic Inc. (NASDAQ: WISH) is the parent company of e-commerce platform Wish. The San-Francisco-based company was founded a decade ago by a former Google employee Peter Szulczewski. It has over 100 million monthly active users globally.
What happened
If we look at the company’s recent sales performance, it generated revenue of $1.7 billion during the first 9 months of 2020, translating to a surge of 32 percent on a year-over-year basis. However, its loss widened to $176 million during the same period, versus a loss of $5 million in the comparable period of 2019.
So what
Shares of Newegg Commerce ( NASDAQ:NEGG), a consumer electronics-focused online retailer, soared 41.7% on Tuesday, powered by news that delighted gamers in search of hard-to-get NVIDIA ( NASDAQ:NVDA) GeForce RTX GPUs (graphics processing units).
Now what
On Tuesday, four models of NVIDIA's hard-to-find GeForce RTX graphics cards were available on Newegg Shuffle, which is its product lottery for popular products, according to Tech Radar. The models were reportedly the RTX 3060, RTX 3070, RTX 3070 Ti, and RTX 3090.
