Shares of ContextLogic Inc. (NASDAQ:WISH - Get Free Report) traded down 7.8% during trading on Tuesday . The company traded as low as $6.80 and last traded at $6.81. 573,121 shares changed hands during mid-day trading, a decline of 42% from the average session volume of 991,637 shares. The stock had previously closed at $7.39.
ContextLogic Price Performance
The stock has a market cap of $166.15 million, a P/E ratio of -0.57 and a beta of 2.09. The company's 50 day simple moving average is $7.41 and its 200 day simple moving average is $7.31.
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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