ContextLogic, Inc. (WISH)
|Net Income (ttm)||-300.00M|
|Trading Day||January 19|
|Day's Range||25.00 - 26.99|
|52-Week Range||17.58 - 28.13|
WISH stock is worth $30 per share or over 43% more than its price today. WISH stock is worth 43.4% more using Amazon's 3.5 multiple of the present value of its five-year sales forecast.
While not necessariliy off to a great start like some other IPO's, WISH stock could be an outstanding e-commerce play in 2021. The post Don't Write Off the ContextLogic-Wish IPO As a Flop appe...
The high valuation of WISH stock, along with ContextLogic's difficulties, make the shares unattractive at this point. The post With Slowing Growth and Mounting Losses, Give ContextLogic a Pass...
These companies could power your portfolio for decades to come.
JPMorgan initiates Wish parent ContextLogic with an overweight stock rating.
Wish gets a fresh 'buy' rating from Deutsche Bank as analysts say the discount marketplace 'has no parallels' (WISH)
Deutsche Bank has initiated its coverage of ContextLogic, parent company of online retailer Wish, at a Buy rating on Monday. Although the San Francisco based firm managed to raise over $1 bil...
Wish IPO Presents A Mixed Bag For Investors
At first glance, WISH stock looks like a mobile version of Amazon. Look more closely, and its Instagrammed facade starts to fade away.
The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. Connected-commerce companies often led the way, frequently enjoyi...
WISH has gone public in an offering which has not been a success. Investors clearly have doubts on the sustainability and profitability of the business model, even as sales multiples are relat...
This week's initial public offering (IPO) for ContextLogic, parent company of discount eCommerce platform Wish, seemed destined to enjoy a huge first-day “pop” on Wall Street. The stock priced...
Wish stock sank on its first trading day, but bounced back on day two, up 14%.
(Reuters) -Shopping app Wish's parent company ContextLogic Inc saw its share price fall more than 5% in its trading debut on Wednesday, after raising $1.1 billion in an initial public offering...
Wish Focused on Long Term, Says CEO
Dec.16 -- Piotr Szulczewski, founder and chief executive officer at Contextlogic Inc.'s Wish, discusses dipping below its inital price on its debut of trading. Szulczewski speaks on" Bloomberg...
Shares of ContextLogic, which does business as the e-commerce site Wish, slid sharply in its first day of trading on Wednesday. The stock has yet to trade above its $24 initial public offering...
Shares of ContextLogic Inc. (NASDAQ: WISH) traded for the first time on a public exchange Wednesday morning and moved in the opposite direction of recent IPOs. Looking for a refresher course o...
Peter Szulczewski is a richer man after taking public the e-commerce company he started nine years ago, which sells cheap junky stuff mostly sourced from China.
Wish Shares Fall 11%, Wiping $2 Billion In Market Value At Start Of Trading After DoorDash And Airbnb Pull Back Monster IPO Gains
The discount e-commerce platform raised $1.1 billion at $24 per share before tanking shortly after its public market debut.
The opening trade was $22.75 per share, below its IPO pricing of $24 per share.
Shares of ContextLogic Inc. , the parent of mobile e-commerce platform Wish, started their public life on a downbeat note, as they opened 5.2% below their initial public offering price. The IP...
Shares of Wish parent ContextLogic retreat from IPO price in Nasdaq debut
WISH stock is going to be one to watch. While you may have missed the WISH IPO, no doubt there'll be more opportunities ahead.
ContextLogic, parent company of e-commerce retailer Wish, raised $1.1 billion by pricing 46 million shares at $24, the high end of its range. The Wish IPO is set to begin trading Wednesday.
ContextLogic Inc (NASDAQ: WISH), the owner of Wish, is set to raise $1.1 billion in its initial public offering priced at the top-end of the indicated range. What Happened: Wish priced 46 mil...
ContextLogic Inc., the parent company of mobile-focused e-commerce platform Wish, priced the shares for its initial public offering at $24 Tuesday, the top of its proposed range.
In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial Times (FT) reported....
SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a “Wish”) today announced the pricing of its initial public offering of 46,000,000 shares of its Class A common stock at a price to the p...
Wish's parent company ContextLogic priced its shares at $24 each on Tuesday ahead of its initial public offering, Bloomberg first reported. The final price came in at the top end of its previo...
ContextLogic, parent company of e-commerce retailer Wish, is the next initial public offering looking to raise more than $1 billion. The wish IPO prices late Tuesday and trades Wednesday.
WISH stock will start trading this week, and investors should keep the Wish IPO on their radar. Here's what you need to know.
IPO Outlook: Popular E-commerce Company Wish, Plus Offerings From A Personal Loan Disruptor And A Biotech Firm
After the huge IPOs from AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blo...
ContextLogic is an ecommerce business model, whose users are growing at a massive rate. ContextLogic already has more than 100 million users in many countries. I get an EV/Sales ratio of 3.6x-...
Most people know Wish as a site that sells throwaway doodads from China, but in anticipation of its impending IPO, the ten-year-old, San Francisco-based company has begun portraying itself as ...
Wish has filed to raise around $1 billion in a U.S. IPO. The firm provides a mobile-first e-commerce platform for merchants in China and elsewhere.
Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion.
SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a “Wish”) today announced that it has launched the roadshow for the initial public offering of its Class A common stock. Wish is offering...
Wish's parent company, ContextLogic, plans to list its shares on the Nasdaq under the symbol WISH.
This morning Wish, a well-known mobile e-commerce startup, filed to go public. It joins Affirm, Airbnb and Roblox in filing this week as many well-known and valuable private companies look to ...
ContextLogic Inc. (d/b/a "Wish") today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange
General Atlantic-backed e-commerce firm Wish made public on Friday its regulatory filing for an IPO to list its shares on the Nasdaq, joining a host of companies rushing to take advantage of i...
ContextLogic, Inc. has filed to go public with an IPO on the NASDAQ.
ContextLogic is the company that owns the Wish e-commerce platform. We launched Wish with a simple mission—to bring an affordable and entertaining mobile shopping experience to billions of consumers around the world. Since our founding in 2010, our vision has been to unlock ecommerce for consumers and merchants, by providing consumers access to a vast selection of affordable products and by providing merchants access to hundreds of millions of consumers globally. We have become one of the largest and fastest growing global ecommerce platforms... [Read more...]
|IPO Date |
Dec 16, 2020
|Stock Exchange |
|Ticker Symbol |
In 2019, ContextLogic's revenue was $1.90 billion, an increase of 10.01% compared to the previous year's $1.73 billion. Losses were -$129.00 million, -37.98% less than in 2018.
According to 12 analysts, the average rating for ContextLogic stock is "Buy." The 12-month stock price forecast is 26.00, which is a decrease of -0.34% from the latest price.