ContextLogic (NASDAQ:WISH) Shares Down 0.4% – Here’s What Happened

ContextLogic Inc. (NASDAQ:WISHGet Free Report) traded down 0.4% on Friday . The stock traded as low as $7.35 and last traded at $7.57. 45,504 shares traded hands during trading, a decline of 95% from the average session volume of 991,637 shares. The stock had previously closed at $7.60.

ContextLogic Stock Performance

The firm’s 50 day simple moving average is $7.67 and its 200-day simple moving average is $7.58. The company has a market capitalization of $184.69 million, a price-to-earnings ratio of -0.63 and a beta of 2.09.

About ContextLogic

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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.

Further Reading

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