ContextLogic Inc. (NASDAQ:WISH – Get Free Report)’s share price traded down 1% on Friday. The company traded as low as $14.18 and last traded at $15.30. 144,388 shares were traded during trading, a decline of 85% from the average daily volume of 991,637 shares. The stock had previously closed at $15.46.
ContextLogic Trading Down 1.0%
The firm has a 50 day moving average price of $14.71 and a 200-day moving average price of $10.31. The firm has a market cap of $369.63 million, a PE ratio of -1.26 and a beta of 2.09.
About ContextLogic
ContextLogic Inc was the technology company behind Wish, a mobile-focused e-commerce marketplace that connected consumers with merchants offering a broad selection of products, including apparel, accessories, electronics, home goods and other general merchandise. The platform emphasized personalized product discovery and value-oriented shopping through its website and mobile applications.
Founded in 2010 by Piotr Szulczewski and Danny Zhang, ContextLogic expanded Wish internationally and served customers across multiple markets, particularly in North America and Europe.
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