ContextLogic (WISH) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $6.24 to $6.46
• 50-Day Range: $5.19 to $6.71
• 52-Week Range: $3.55 to $9.90
• Volume: 183,672 shs
• Average Volume: 991,637 shs
• Market Capitalization: $153.22 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

WISH Stock Analysis - Frequently Asked Questions

How have WISH shares performed this year?

ContextLogic's stock was trading at $5.95 at the start of the year. Since then, WISH stock has increased by 5.5% and is now trading at $6.28.
View the best growth stocks for 2024 here.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) announced its quarterly earnings results on Wednesday, May, 12th. The company reported ($6.30) EPS for the quarter, missing analysts' consensus estimates of ($5.40) by $0.90. The firm's revenue for the quarter was up 75.5% compared to the same quarter last year.
Read the conference call transcript.

When did ContextLogic's stock split?

ContextLogic shares reverse split on the morning of Wednesday, April 12th 2023. The 1-30 reverse split was announced on Wednesday, April 12th 2023. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, April 12th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split.

When did ContextLogic IPO?

ContextLogic (WISH) raised $1.1 billion in an IPO on Wednesday, December 16th 2020. The company issued 46,000,000 shares at $22.00-$24.00 per share. Goldman Sachs & Co., J.P. Morgan and BofA Securities served as the underwriters for the IPO and Citigroup, Deutsche Bank Securities, UBS Investment Bank, RBC Capital Markets and Credit Suisse were co-managers.

Who are ContextLogic's major shareholders?

ContextLogic's top institutional shareholders include Charles Schwab Investment Management Inc. (2.25%), Geode Capital Management LLC (1.09%), Capricorn Fund Managers Ltd (0.90%) and Caprock Group LLC (0.40%). Insiders that own company stock include Piotr Szulczewski, Joanna Forster, Ying Vivian Liu, Vijay Talwar, Brett Just, Hans Tung, Tarun Kumar Jain, Devang Shah, Pai Liu, Shuyan (Rachel) Wang, Hamid Reza Kassaei and Jacqueline D Reses.
View institutional ownership trends.

How do I buy shares of ContextLogic?

Shares of WISH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of ContextLogic own?

Based on aggregate information from My MarketBeat watchlists, some other companies that ContextLogic investors own include Meta Platforms (META), Palantir Technologies (PLTR), NIO (NIO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 5/12/2021
• Today: 11/15/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Cyclical
• Industry: Internet Retail
• Sub-Industry: N/A
• Current Symbol: NASDAQ:WISH
• CUSIP: N/A
• CIK: 1822250
• Web: www.wish.com
• Phone: 415-432-7323
• Fax: N/A
• Employees: 452
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($11.98)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-317,000,000.00
• Net Margins: -131.05%
• Pretax Margin: -126.03%
• Return on Equity: -115.96%
• Return on Assets: -62.36%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.02
• Quick Ratio: 2.02

Sales & Book Value

• Annual Sales: $287 million
• Price / Sales: 0.53
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.96 per share
• Price / Book: 0.70

Miscellaneous

• Outstanding Shares: 24,398,000
• Free Float: 24,305,000
• Market Cap: $153.22 million
• Optionable: Optionable
• Beta: 2.09