ContextLogic (WISH) Stock Price, News & Analysis

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for ContextLogic in the last year. There are currently 2 hold ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" WISH shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WISH, but not buy additional shares or sell existing shares.
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ContextLogic's stock was trading at $5.95 at the start of the year. Since then, WISH shares have decreased by 7.1% and is now trading at $5.53.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 1st 2024.
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ContextLogic Inc. (NASDAQ:WISH) posted its earnings results on Monday, March, 4th. The company reported ($2.82) EPS for the quarter. The firm earned $53 million during the quarter. ContextLogic had a negative trailing twelve-month return on equity of 115.96% and a negative net margin of 131.05%.

ContextLogic's stock 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.

ContextLogic (WISH) raised $1.1 billion in an initial public offering (IPO) on Wednesday, December 16th 2020. The company issued 46,000,000 shares at a price of $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.

ContextLogic's stock is owned by a variety of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (4.90%), Jacobs Levy Equity Management Inc. (1.46%), Simplex Trading LLC (0.00%), Yarra Square Partners LP (0.57%), IMC Chicago LLC (0.00%) and Public Employees Retirement System of Ohio (0.06%). Insiders that own company stock include Brett Just, Devang Shah, Hamid Reza Kassaei, Hans Tung, Jacqueline D Reses, Jennifer Oliver, Joanna Forster, Pai Liu, Peiyen Chuang, Piotr Szulczewski, Rajat Bahri, Shuyan (Rachel) Wang, Stephanie Tilenius, Tarun Kumar Jain, Vijay Talwar and Ying Vivian Liu.
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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.
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