ContextLogic Inc. (NASDAQ:WISH – Get Free Report)’s stock price shot up 1.5% on Friday. The company traded as high as $15.37 and last traded at $15.37. Approximately 463,008 shares traded hands during trading, a decline of 53% from the average daily volume of 991,637 shares. The stock had previously closed at $15.15.
ContextLogic Price Performance
The firm has a market capitalization of $368.41 million, a PE ratio of -1.26 and a beta of 2.09. The company’s fifty day simple moving average is $13.50 and its 200-day simple moving average is $10.52.
ContextLogic Company Profile
ContextLogic Inc was a technology company best known for operating Wish, a mobile-focused e-commerce marketplace. The Wish platform connected consumers with independent merchants and manufacturers, offering a broad selection of products across categories such as apparel, electronics, home goods, accessories and everyday merchandise.
Founded in 2010, ContextLogic developed Wish around personalized product discovery, using data-driven recommendations and a mobile-first shopping experience.
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