ContextLogic Inc. (WISH)
Market Cap | 148.83M |
Revenue (ttm) | 287.00M |
Net Income (ttm) | -317.00M |
Shares Out | 24.40M |
EPS (ttm) | -13.36 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 839,690 |
Open | 6.09 |
Previous Close | 6.09 |
Day's Range | 5.96 - 6.21 |
52-Week Range | 3.55 - 13.47 |
Beta | 2.21 |
Analysts | Hold |
Price Target | 5.60 (-6.2%) |
Earnings Date | Mar 4, 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 a decrease of -6.20% from the latest price.
News
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.
GameStop, AMC, AITX, WISH, Clover stocks could be in for a ride
The meme coin craze that happened in 2021 ended as was expected. Most stocks that surged at the time nosedived, with Bed Bath and Beyond and Lordstown Motors filing for bankruptcy.
Wish Further Expands its Logistics as a Service (LaaS) Arm with the Launch of ‘WishPost Smart Parcel'
SAN FRANCISCO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, this week announced the launch of WishPost Smart...
Rescue WISH Announces Its Intent to Support Dissident Slate at ContextLogic Annual Meeting
Alta, Wyoming--(Newsfile Corp. - November 9, 2023) - Cannell Capital LLC supports Rescue WISH. Rescue WISH is dedicated to maximizing shareholder value and improving corporate governance at ContextLog...
Wish Reports Third Quarter 2023 Financial Results; Initiates a Process to Explore a Range of Strategic Alternatives
SAN FRANCISCO, Nov. 07, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (Nasdaq: WISH), one of the largest mobile ecommerce platforms, today reported its financial results for the quarter and ...
WISH Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)
SAN FRANCISCO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile e-commerce platforms, today announced, as required by Nasdaq Listing R...
Wish Releases Inaugural ‘Anti-Counterfeiting Report' as it Continues to Crack Down on Counterfeiters
SAN FRANCISCO, Nov. 03, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, is proud to announce the release of its inaugural...
Shareholders of ContextLogic Decry Destructive Actions of Board of Directors
Alta, Wyoming--(Newsfile Corp. - November 2, 2023) - On October 10, 2023, Dave Pointer, the Chairman of Rescue WISH, requested that the WISH Board of Directors sell its money-losing operating business...
Wish Partners with French Ecommerce SaaS Business Octopia to Further Expand its European Merchant Base
SAN FRANCISCO, Nov. 02, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, this week announced an agreement with French ecom...
Shareholders of ContextLogic Seek Return of Cash
Alta, Wyoming--(Newsfile Corp. - October 10, 2023) - Cannell Capital LLC, through its organization Rescue WISH, releases the following statement: David Pointer, the Chairman of Rescue WISH, today ca...
Wish to Announce Third Quarter 2023 Results on November 7, 2023
SAN FRANCISCO, Oct. 10, 2023 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH), one of the world's largest mobile ecommerce platforms, today announced it will report its third quarter ...
Shareholders of ContextLogic Demand Change to Board
Alta, Wyoming--(Newsfile Corp. - September 27, 2023) - In line with the deadline proposed in its September 19, 2023, press release, Cannell Capital LLC announces today the formation of "Rescue WISH" t...