WISH Beats Q3 Earnings

During the last session, 54M of ContextLogic Inc.’s (NasdaqGS:WISH) shares were traded. The stock closed at $5.1 per share indicating that it lost -$0.39 or -7.1% during that day which brings ContextLogic Inc.’s valuation to $3.2B.

The 52-week high for ContextLogic Inc.’s shares is $32.85. That puts it -84.47% from that peak but still a good gain since the share price dropped to a 52-week low of $4.61, while the S&P 500’s share price change was 35%.

The company currently has a price target of $8.94.

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What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen decay in its daily volume. The daily volume was of 39M, while in the last 10 days the average was 27.98M and last three months – 38.93M.
The decreasing interest in the WISH stock from the investors is helping to drive the stock price down.

Shrinking short interest

ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 24.12M shares being shorted which translates into 1.96 of a short ratio for WISH, while in the previous month the shorted shares were 27.23M.

ContextLogic Inc. (NasdaqGS:WISH)’s financials

With a market cap of $3.2B, ContextLogic Inc. holds total cash of $1.77B that translates into $2.87 per share, while the total debt is $48M.

The company has seen an increase in revenue with a year-over-year quarterly revenue growth percentage of 75.50%. The current revenue is $2.87B that is $11.26 per share.


This is a great sign for a bright future.

WISH Sees an Increase in Its Daily Volume

During the last session 125M of ContextLogic Inc.’s (NasdaqGS:WISH) shares were traded. The stock closed at $6.09 per share indicating that it gained $0.76 or 14.47% during that day which brings the ContextLogic Inc.’s valuation to $3.82B.

The 52-week high for the ContextLogic Inc.’s shares is $32.85. That puts it -81.46% from that peak but still a good gain since the share price dropped to a 52-week low of $4.61, while the S&P 500’s share price change was of 31%.

The company currently has a price target of $9.94.

What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen growth in its daily volume. The daily volume was of 37M, while in the last 10 days the average was 22.99M and last three months – 37.13M.


The increasing interest in the WISH stock from the investors is helping to drive the stock price up.

Shrinking short interest

The ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 24.12M shares being shorted which translates into 1.96 of a short ratio for WISH, while in the previous month the shorted shares were 27.23M.

ContextLogic Inc. (NasdaqGS:WISH)’s financials

With a market cap of $3.82B, ContextLogic Inc. holds a total cash of $1.77B that translates into $2.87 per share, while the total debt is of $48M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 75.50%. The current revenue is of $2.87B that is $11.26 per share.


This is a great sign for a bright future.

WISH Is Expanding Its Logistics Footprint

The WISH stock price fluctuated between $5.03 and $5.25 throughout the trading session with the volume trading being 21M shares, which represented a negative variation when compared to the three months average volume of 37M shares.

The share price of ContextLogic Inc. (NasdaqGS:WISH) dipped -2.33% to close Friday’s market session at $5.04, lower as compared to yesterday’s close which brings the market valuation of the company to $3.17B.

The 52-week high for the ContextLogic Inc.’s shares is $32.85. That puts it -84.66% from that peak but still a fine gain since the share price dropped to a 52-week low of $4.61, while the S&P 500’s share price change was of 29%.

The company currently a price target of $9.83.

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What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen decay in its daily volume. The daily volume was of 37M, while in the last 10 days the average was 19.2M and last three months – 37.46M.

The decreasing interest in the WISH stock from the investors is helping to drive the stock price down.

Shrinking short interest

The ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 24.12M shares being shorted which translates into 1.96 of a short ratio for WISH, while in the previous month the shorted shares were 27.23M.

ContextLogic Inc.’s (NasdaqGS:WISH) financials

With a market cap of $3.17B, ContextLogic Inc. holds a total cash of $1.77B that translates into $2.87 per share, while the total debt is of $48M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 75.50%. The current revenue is of $2.87B that is $11.26 per share.

This is a great sign for a bright future.

WISH Continues to Drop

During the last session 33M of ContextLogic Inc.’s (NasdaqGS:WISH) shares were traded. The stock closed at $4.78 per share indicating that it lost -$0.06 or -1.44% during that day which brings the ContextLogic Inc.’s valuation to $2.96B.

The 52-week high for the ContextLogic Inc.’s shares is $32.8500. That puts it -85.45% from that peak and close to a 52-week low of $4.7500, while the S&P 500’s share price change was of 29%.

What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen decay in its daily volume. The daily volume was of 41M, while in the last 10 days the average was 41.28M and last three months – 41.47M.


The decreasing interest in the WISH stock from the investors is helping to drive the stock price down.

Shrinking short interest

The ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 24.12M shares being shorted which translates into 1.96 of a short ratio for WISH, while in the previous month the shorted shares were 27.23M.

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ContextLogic Inc. (NasdaqGS:WISH)’s financials

With a market cap of 2.96B, ContextLogic Inc. holds a total cash of $1.77B that translates into $2.87 per share, while the total debt is of $48M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 75.50%. The current revenue is of $2.87B that is $11.26 per share.


This is a great sign for a bright future.

ContextLogic (WISH)’s Potential Overweights Its Current Losses

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During the last session 36M of ContextLogic Inc.’s (NasdaqGS:WISH) shares were traded. The stock closed at $5.59 per share indicating that it lost -$0.20 or -3.62% during that day which brings the ContextLogic Inc.’s valuation to $3.46B.

The 52-week high for the ContextLogic Inc.’s shares is $32.85. That puts it -82.98% from that peak close to a 52-week low of $5.56, while the S&P 500’s share price change was of 33%.

What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen growth in its daily volume. The daily volume was of 43M, while in the last 10 days the average was 38.48M and last three months – 43.29M.

Shrinking short interest

The ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 24.12M shares being shorted which translates into 1.96 of a short ratio for WISH, while in the previous month the shorted shares were 27.23M.

ContextLogic Inc. (NasdaqGS:WISH)’s financials

With a market cap of 3.46B, ContextLogic Inc. holds a total cash of $1.77B that translates into $2.87 per share, while the total debt is of $48M.

The company has seen an increase in the revenue with a year-over-year quarterly revenue growth percentage of 75.50%. The current revenue is of $2.87B that is $11.26 per share.


This is a great sign for a bright future.

ContextLogic (WISH) Stock Is Very Undervalued at this Level

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The WISH stock price fluctuated between $5.82 and $6.25 throughout the trading session with the volume trading being 44M shares, which represented a negative variation when compared to the three months average volume of 59M shares.

The share price of ContextLogic Inc. (NasdaqGS:WISH) dipped -3.62% to close Wednesday’s market session at $5.85, lower as compared to yesterday’s close which brings the market valuation of the company to $3.67B.

The 52-week high for the ContextLogic Inc.’s shares is $32.85. That puts it -82.19% from that peak and very close to its 52-week low of $5.82, while the S&P 500’s share price change was of 31.43%.

What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen growth in its daily volume. The daily volume was of 59M, while in the last 10 days the average was 37.51M and last three months – 59.49M.

Shrinking short interest

The ContextLogic Inc.’s shares are seeing a decreasing short interest compared to the previous month. As of today, there are 26.87M shares being shorted which translates into 0.58 of a short ratio for WISH, while in the previous month the shorted shares were 29.12M.

ContextLogic Inc.’s (NasdaqGS:WISH) financials

With a market cap of 3.67B, ContextLogic Inc. holds a total cash of $1.57B that translates into $2.51 per share, while the total debt is of $45M.

The company has seen a decrease in the revenue with a year-over-year quarterly revenue growth percentage of -6.40%. The current revenue is of $2.83B that is $7.36 per share.

This is a not so good sign for the future.

ContextLogic (WISH) Stock Rallies Up on Growing Short Interest

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During the last session 69M of ContextLogic Inc.’s (NasdaqGS:WISH) shares were traded. The stock closed at $7.12 per share indicating that it gained $0.43 or 6.43% during that day which brings the ContextLogic Inc.’s valuation to $4.47B.

The 52-week high for the ContextLogic Inc.’s shares is $32.85. That puts it -78.33% from that peak but still a -66.63% gain since the share price dropped to a 52-week low of $6.14, while the S&P 500’s share price change was of 28.77%.

What does the trading volume tell us about the WISH stock?

During the last trading session, ContextLogic Inc. (NasdaqGS:WISH) has seen decay in its daily volume. The daily volume was of 75M, while in the last 10 days the average was 48.66M and last three months – 74.93M.

Growing short interest

The ContextLogic Inc.’s shares are seeing an increasing short interest compared to the previous month. As of today, there are 29.12M shares being shorted which translates into 0.6 of a short ratio for WISH, while in the previous month the shorted shares were 20.98M.

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ContextLogic Inc. (NasdaqGS:WISH)’s financials

With a market cap of 4.47B, ContextLogic Inc. holds a total cash of $1.57B that translates into $2.51 per share, while the total debt is of $45M.

The company has seen a decrease in the revenue with a year-over-year quarterly revenue growth percentage of -6.40%. The current revenue is of $2.83B that is $7.36 per share.