ContextLogic Inc. (WISH)
| Market Cap | 131.76M |
| Revenue (ttm) | 287.00M |
| Net Income (ttm) | -317.00M |
| Shares Out | 24.49M |
| EPS (ttm) | -13.36 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,930,069 |
| Open | 5.50 |
| Previous Close | 5.48 |
| Day's Range | 5.22 - 5.61 |
| 52-Week Range | 3.55 - 9.90 |
| Beta | 2.19 |
| Analysts | Hold |
| Price Target | 5.60 (+4.09%) |
| Earnings Date | May 8, 2024 |
About WISH
ContextLogic Inc. operates as a mobile ecommerce company in Europe, North America, South America, and internationally. The company operates Wish, an ecommerce platform that connects consumers to merchants. It also provides marketplace and logistics services to merchants. ContextLogic Inc. was incorporated in 2010 and is headquartered in San Francisco, California. [Read more]
Financial Performance
In 2023, ContextLogic's revenue was $287.00 million, a decrease of -49.74% compared to the previous year's $571.00 million. Losses were -$317.00 million, -17.45% less than in 2022.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for WISH stock is "Hold." The 12-month stock price forecast is $5.6, which is an increase of 4.09% from the latest price.
News
ContextLogic to Announce First Quarter 2024 Results on May 8, 2024
SAN FRANCISCO, April 24, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) today announced it will report its first quarter 2024 financial results after the close of market on Wednesday, May 8...
ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10
Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs) Rishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors SAN FRANCISCO...
ContextLogic Announces Stockholder Approval of Transaction with Qoo10
SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) announced its stockholders have approved the Asset Sale transaction wi...
ContextLogic Urges Stockholders to Vote FOR the Value Maximizing Transaction with Qoo10 TODAY
SAN FRANCISCO, April 17, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminds stockholders to vote “FOR” the proposed transaction with...
CONTEXTLOGIC VOTE UPDATE: Less Than 350,000 Shares Needed to Approve the Proposed Transaction with Qoo10
SAN FRANCISCO, April 15, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today mailed a letter to stockholders in connection with its upcoming ...
ContextLogic Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Transaction with Qoo10
ContextLogic Announces Adjournment of Special Meeting of Stockholders to Allow Additional Time for Stockholders to Vote “FOR” the Transaction with Qoo10
ContextLogic Reminds Stockholders to Vote FOR the Value-Maximizing Transaction with Qoo10 Today
Proposed Transaction Ensures Preservation of $2.7 billion in NOLs Outlines Support for Transaction from ContextLogic Investors and Proxy Advisory Firms Special Meeting of Stockholders is Friday, April...
ContextLogic Announces Post-Closing Board of Directors and Management Team
Upon Closing, Rishi Bajaj to Become Chief Executive Officer of ContextLogic and Four New Independent Directors to Join ContextLogic Board Six Existing Directors to Step Down from Board Upon Completion...
Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote “FOR” Pending Transaction with Qoo10
ISS, Glass Lewis and Egan-Jones Endorse Proposed Transaction Stockholders are Encouraged to Vote FOR the Value-Maximizing Transaction Before the Electronic Proxy Voting Deadline of 11:59 P.M. Eastern ...
ContextLogic Stockholders Can Vote Today “FOR” the Value Maximizing Transaction with Qoo10
SAN FRANCISCO, March 25, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote “FOR” the proposed Asset Sale tran...
Rescue WISH Believes That the Transaction Announced by WISH Is in the Best Interests of All Shareholders
Alta, Wyoming--(Newsfile Corp. - March 19, 2024) - Rescue WISH is an organization dedicated to fighting for the best interests of all shareholders of ContextLogic, Inc. ("WISH"). ContextLogic, Inc. op...
ContextLogic Files Definitive Proxy Statement Regarding Proposed Transaction with Qoo10
Board Unanimously Recommends Stockholders Vote “FOR” Pending Transaction with Qoo10 and Ensure the Preservation of $2.7 Billion of NOLs Stockholders to Receive Proxy Materials in Coming Days to Vote a...
Wish Signs Satirical YouTubers Zac Alsop and Grandpa Ray to Front its Fashion Category
SAN FRANCISCO, March 14, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced it has signed satirical YouTube...
ContextLogic ($WISH) narrows loss to 68 million in Q4
ContextLogic Inc is trading down in extended hours on Monday after reporting disappointing financial results for the fourth quarter. This is a developing story.
Wish Reports Fourth-Quarter and Fiscal Year 2023 Financial Results
SAN FRANCISCO, March 04, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH) (“ContextLogic,” the “Company,” “we” or “our”), one of the largest mobile ecommerce platforms, today rep...
Wish to Announce Fourth Quarter and Full Year 2023 Results on March 4, 2024
SAN FRANCISCO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced it will report its fourth quarter and full year 2023 fi...
Wish Launches Trade-In Program on Old Tech Through Partnership with Remarketed
SAN FRANCISCO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced the launch of a much-anticipated...
Shareholder Alert: Ademi LLP investigates whether ContextLogic Inc. (Wish) has obtained a Fair Price in its transaction with Qoo10
MILWAUKEE , Feb. 13, 2024 /PRNewswire/ -- Ademi LLP is investigating ContextLogic (Wish) (NASDAQ: WISH) for possible breaches of fiduciary duty and other violations of law in its transaction with Qoo...
Wish's deep discount sale to Singapore's Qoo10 ramps up competition for Temu and Shein
Wish's new owner faces steep competition from Chinese discount retailers Temu and Shein, which have been on an ad-spending blitz to attract American shoppers.
ContextLogic to Sell Wish eCommerce Platform to Qoo10
ContextLogic has announced an agreement to sell a significant portion of its operating assets and liabilities, including its eCommerce platform Wish, to Qoo10, an eCommerce platform operating in Asia....
WISH Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of ContextLogic Inc. Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of substantially all of ContextLogic Inc.'s (NASDAQ: WISH) operating assets and liabilities,...
What made $WISH stock (ContextLogic) soar 45% on Monday?
ContextLogic Inc (NASDAQ: WISH) just announced a $173 agreement with a Southeast Asian company. Its shares are up 45% at writing.
ContextLogic Announces Agreement to Sell Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10 for $173 Million in Cash
Purchase Price Represents Approximately $6.50 Per Share, a 44% Premium ContextLogic to Remain a s P u blicly Listed Entity, Preserv ing ~$2.7 Billion of Net Operating Losses (NOLs) Board Exploring Opp...
Shareholders of ContextLogic Demand More Shareholder Representation on the Board
Alta, Wyoming--(Newsfile Corp. - December 10, 2023) - Cannell Capital LLC ("Cannell Capital") has been a patient, long-term oriented shareholder of ContextLogic, Inc. ("WISH"). ContextLogic, Inc. oper...
ContextLogic (WISH) stock: survival at risk amid Temu, Shein surge
ContextLogic (NASDAQ: WISH) stock price has crashed close to a record low as concerns about the company continues. The shares plunged to a low of $5, which is over 99% below its all-time high.