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: $6.57 to $6.76
• 50-Day Range: $5.89 to $8.07
• 52-Week Range: $3.55 to $9.90
• Volume: 128,065 shs
• Average Volume: 991,637 shs
• Market Capitalization: $161.76 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 11.4% and is now trading at $6.63.
View the best growth stocks for 2024 here.

How were ContextLogic's earnings last quarter?

ContextLogic Inc. (NASDAQ:WISH) issued its quarterly earnings results on Wednesday, May, 12th. The company reported ($6.30) earnings per share for the quarter, missing analysts' consensus estimates of ($5.40) by $0.90. ContextLogic's quarterly revenue 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 before market open on 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 closing bell 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 initial public offering 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 acted 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?

Top institutional shareholders of ContextLogic 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 and Hamid Reza Kassaei.
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), NIO (NIO), NVIDIA (NVDA), Advanced Micro Devices (AMD), Tesla (TSLA) and Alibaba Group (BABA).

Company Calendar

• Last Earnings: 5/12/2021
• Today: 12/20/2024
• 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: 0.56
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $8.96 per share
• Price / Book: 0.74

Miscellaneous

• Outstanding Shares: 24,398,000
• Free Float: 24,305,000
• Market Cap: $161.76 million
• Optionable: Optionable
• Beta: 2.09