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ContextLogic (NASDAQ:WISH) Stock Price Down 0.4% - Here's What Happened

ContextLogic logo with Consumer Cyclical background

ContextLogic Inc. (NASDAQ:WISH - Get Free Report) shares were down 0.4% on Tuesday . The company traded as low as $7.56 and last traded at $7.87. Approximately 26,095 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 991,637 shares. The stock had previously closed at $7.90.

ContextLogic Price Performance

The business's 50 day moving average is $7.70 and its two-hundred day moving average is $7.44. The firm has a market capitalization of $192.01 million, a PE ratio of -0.66 and a beta of 2.09.

About ContextLogic

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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.

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