The stock has yet to trade above its $24 initial public offering price, ma... Shares of ContextLogic Inc. (NASDAQ: WISH) traded for the first time on a public exchange Wednesday morning and moved in the opposite direction of recent IPOs. Free forex prices, toplists, indices and lots more. (WISH) Nasdaq Listed. I just need a few pennies off of the retracement if the market follows my order! Dec.16 -- Piotr Szulczewski, founder and chief executive officer at Contextlogic Inc.'s Wish, discusses dipping below its inital price on its debut of trading. These online retail leaders could power your portfolio for decades to come. Ownership Status. When Wish begins trading, it has the potential to be valued at approximately $13.5 billion. Shopping Made Fun. 10+ bought this. ContextLogic Inc. (WISH): Price and Financial Metrics. Find real-time WISH - ContextLogic Inc stock quotes, company profile, news and forecasts from CNN Business. Wish's parent company ContextLogic priced its shares at $24 each on Tuesday ahead of its initial public offering, Bloomberg first reported. $15.94. $37. The high valuation of WISH stock, along with ContextLogic's difficulties, make the shares unattractive at this point. ContextLogic Inc. Class A Common Stock (WISH) ContextLogic Inc. Class A Common Stock. Find out more about how we use your information in our Privacy Policy and Cookie Policy. Wish IPO Presents A Mixed Bag For Investors. We have become one of the largest and fastest growing global ecommerce platforms... [Read more...]. ContextLogic, parent company of e-commerce retailer Wish, raised $1.1 billion by pricing 46 million shares at $24, the high end of its range. Wish spends about $100 million a year just on Facebook ads, according to a 2015 report in Recode, so it’s not hard to guess how Wish will spend this new tranche of funding. Last year was the rebirth of the initial public offering, and the momentum looks to be carrying into 2021 as well. Founded in 2010, San Francisco-based ContextLogic (NASDAQ:WISH) is a fast-growing global e-commerce platform focusing on discounted goods. Wish is benefiting from the rapid rise of e-commerce around the world. www.wish.com. Sold Out. SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a “Wish”) today announced that it has launched the roadshow for the initial public offering of its Class A common stock. ContextLogic Inc. Class A Common Stock (WISH) Advanced Charting - Nasdaq offers advanced charting & market activity data for US and global markets. On Tuesday, Wish priced shares at $24 apiece, clocking in at the high end of previous guidance and selling 46 million shares to raise $1.1 billion. Shares of ContextLogic, which does business as the e-commerce site Wish, slid sharply in its first day of trading on Wednesday. But how can Wish practically give all of their items away? Share Price; $15.94 (As of Monday Closing) Wish General Information Description. WISH Home. We launched Wish with a simple mission—to bring an affordable and entertaining mobile shopping experience to billions of consumers around the world. Find the latest WISHPOND TECHNOLOGIES LTD (WISH.V) stock quote, history, news and other vital information to help you with your stock trading and investing. I Originally marked this up on the Daily so the current support zone is really around $26-$27. While not necessariliy off to a great start like some other IPO's, WISH stock could be an outstanding e-commerce play in 2021. The 12-month stock price forecast is 26.80, which is an increase of 43.78% from the latest price. News. The opening trade was $22.75 per share, below its IPO pricing of $24 per share. Beacon Securities raises price target on Wishpond Technologies to $2.50. $22. WISH stock will start trading this week, and investors should keep the Wish IPO on their radar. Investors clearly have doubts on the sustainability and profitability of the business model, even as sales multiples are relatively modest. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. The final price came in at the top end of its previously expec... ContextLogic, parent company of e-commerce retailer Wish, is the next initial public offering looking to raise more than $1 billion. According to app analytics service App Annie, Wish is … WISH 17.77 0.63 (3.68%) Post-Market 0.18 (1.01%) 6,749. -1.83 ( … Get the latest ContextLogic Inc. ContextLogic Inc is an online shopping store. JPMorgan initiates Wish parent ContextLogic with an overweight stock rating. Losses were -$129.00 million, -37.98% less than in 2018. Website. ContextLogic Inc NASDAQ Updated Mar 6, 2021 12:59 AM. December 17, 2020. Key Data. The Wish IPO is set to begin trading Wednesday. (WISH) raised $1.1 billion in an IPO on Wednesday, December 16th 2020. The high price target for WISH is $31.00 and the low price target for WISH is $19.00. Wish is an online marketplace that features a variety of discounted goods, ranging from cheap home wares and apparel to electronics and toys. Stock analysis for ContextLogic Inc (WISH:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. The company issued 46,000,000 shares at a price of $22.00-$24.00 per share. Contact Information. WISH investment & stock information. The discount e-commerce platform raised $1.1 billion at $24 per share before tanking shortly after its public market debut. This morning Wish, a well-known mobile e-commerce startup, filed to go public. Sold Out. The IPO priced l... Shares of Wish parent ContextLogic retreat from IPO price in Nasdaq debut. The wish IPO prices late Tuesday and trades Wednesday. 100+ bought this. ContextLogic Inc's number of analysts covering the stock is higher than 93.18% of stocks in the NA market cap category. (Reuters) -Shopping app Wish's parent company ContextLogic Inc saw its share price fall more than 5% in its trading debut on Wednesday, after raising $1.1 billion in an initial public offering (IPO). To enable Verizon Media and our partners to process your personal data select 'I agree', or select 'Manage settings' for more information and to manage your choices. The firm provides a mobile-first e-commerce platform for merchants in China and elsewhere. Nasdaq 100. Find the latest ContextLogic Inc. (WISH) stock quote, history, news and other vital information to help you with your stock trading and investing. Yahoo is part of Verizon Media. 52wk Low 15.06. ContextLogic Inc's upside potential (average analyst target price relative to current price) is greater than 86.45% of Retail stocks. Ratings. ET by Tomi Kilgore ContextLogic stock rises as revenue tops Street view Wish is aiming to raise roughly $1.1 billion in its upcoming initial public offering, giving it a valuation of up to $14.07 billion. Wish stock sank on its first trading day, but bounced back on day two, up 14%. Price Target. Most items are marked down 80 or 90 percent off of their original price, making them incredibly appealing to the frugal shopper. Data is currently not available. ContextLogic (WISH) stock price, charts, trades & the US's most popular discussion forums. Get the latest stock price for Wishpond Technologies Ltd. (WISH), plus the latest news, recent trades, charting, insider activity, and analyst ratings. Here's what you need to know. At first glance, WISH stock looks like a mobile version of Amazon. WISH stock is worth $30 per share or over 43% more than its price today. wish $18.64 -$0.47 -2.5% Price as of March 12, 2021, 9:00 p.m. EST View Interactive WISH Charts In 2019, ContextLogic's revenue was $1.90 billion, an increase of 10.01% compared to the previous year's $1.73 billion. WISH stock will start trading this week, and investors should keep the Wish IPO on their radar. View the latest ContextLogic Inc. (WISH) stock price, news, historical charts, analyst ratings and financial information from WSJ. The average price target represents a 48.77% upside from the last price of $17.14. After the huge IPOs from AirBnB Inc (NASDAQ: ABNB) and DoorDash Inc (NYSE: DASH) last week, the week of December 13 takes a slight breather with only three IPOs scheduled and one potential blockbuster. Social. This week's initial public offering (IPO) for ContextLogic, parent company of discount eCommerce platform Wish, seemed destined to enjoy a huge first-day “pop” on Wall Street. WISH ContextLogic Inc — Stock Price and Discussion | Stocktwits. Looking for a refresher course on IPOs bef... Peter Szulczewski is a richer man after taking public the e-commerce company he started nine years ago, which sells cheap junky stuff mostly sourced from China. In another sign of the strength of initial public offerings (IPOs) right now, eCommerce site Wish has sold shares to investors at the top of its price range, the Financial Times (FT) reported. WISH detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. Here's what you need to know. Wish's parent company, ContextLogic, plans to list its shares on the Nasdaq under the symbol WISH. Shares in ContextLogic, which does business under the name of Wish, had dropped as much as 14 per cent from their initial public offering price of $24 by mid-afternoon. Benzinga - 2 months ago Wish Raises $1.1B In IPO Priced At Top Of Range Publicly Held. Szulczewski speaks on" Bloomberg Technology. Charts. $8. SAN FRANCISCO--(BUSINESS WIRE)-- #earnings--ContextLogic Inc. (d/b/a “Wish”) (NASDAQ: WISH), one of the world's largest and fastest growing mobile ecommerce platforms, today announced it will report its... One look at ContextLogic's board of directors tells me that the company is a lot of things but it's not a great retail business. ContextLogic, parent company of e-commerce retailer Wish, raised $1.1 billion by pricing 46 million shares at $24, the high end of its range. WISH stock is worth 43.4% more using Amazon's 3.5 multiple of the present value of its five-year sales forecast. The variance in analysts' estimates of WISH is lower than 11.78% of all US stocks. You can change your choices at any time by visiting Your privacy controls. The stock opened at $22.75 and hit an intraday low of $20.05, representing a decline of 16% from its initial public offering price of $24. And even though the items sold are so cheap, the company saw a huge increase in its 2018 revenue, pulling in approximately $1.9 billion that year (via Vox).. Join over 500 million others that have made their shopping more smart, fun, and rewarding. SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a “Wish”), one of the world's largest and fastest growing mobile ecommerce platforms, today reported financial results for its fourth quarter and f... SAN FRANCISCO--(BUSINESS WIRE)--ContextLogic Inc. (d/b/a “Wish”) (NASDAQ: WISH), one of the world's largest and fastest growing mobile ecommerce platforms, today announced that the company's management ... 2020 seemed to be much like 1999, as technology initial public offerings that made little or no money came out and rocketed higher. Wish has filed to raise around $1 billion in a U.S. IPO. Deutsche Bank has initiated its coverage of ContextLogic, parent company of online retailer Wish, at a Buy rating on Monday. Since going public in mid-December 2020, WISH stock … Since our founding in 2010, our vision has been to unlock ecommerce for consumers and merchants, by providing consumers access to a vast selection of affordable products and by providing merchants access to hundreds of millions of consumers globally. Their average twelve-month price target is $24.25, predicting that the stock has a possible upside of 31.87%. Shares of ContextLogic Inc. , the parent of mobile e-commerce platform Wish, started their public life on a downbeat note, as they opened 5.2% below their initial public offering price. The average price target is $25.50, with a high forecast of $31.00 and a low forecast of $19.00. 1,000+ bought this. Here's why. View ContextLogic Inc. According to 12 analysts, the average rating for ContextLogic stock is "Buy." … ContextLogic stock price target cut to $22 from $26 at Deutsche Bank Mar. The Wish IPO is set to begin trading Wednesday. What Happened: Wish priced 46 million Class... ContextLogic Inc., the parent company of mobile-focused e-commerce platform Wish, priced the shares for its initial public offering at $24 Tuesday, the top of its proposed range. It joins Affirm, Airbnb and Roblox in filing this week as many well-known and valuable private companies look to debut befo... ContextLogic Inc. (d/b/a u201cWishu201d) today announced that it has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange. Information about your device and Internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. WISH - ContextLogic Inc Stock quote - CNNMoney.com Markets Strike Price: $26.82 What... 5 Look more closely, and its Instagrammed facade starts to fade away. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Buy." WISH stock has a future, but don't yet get in at these elevated prices The post ContextLogic: WISH Stock Could Deserve A Place on Your Wish List appeared first on InvestorPlace. WISH has gone public in an offering which has not been a success. Wish offers merchandise at steep bargain prices on its website and app, suggesting sellers' items to shoppers via their preferences. ... ContextLogic is an ecommerce business model, whose users are growing at a massive rate. While you may have missed the WISH IPO, no doubt there'll be more opportunities ahead. The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. These young companies are just getting started. 9, 2021 at 6:54 a.m. $ 15.94 1.83 (-10.30%) Quote Time: Mar 8 4:00pm. ContextLogic Inc (NASDAQ: WISH), the owner of  Wish, is set to raise $1.1 billion in its initial public offering priced at the top-end of the indicated range. ContextLogic already has more than 100 million users in many countries. The opening trade was $22.75 per share, below its … Wish plans to sell 46 million shares priced between $22 and $24 per share, according to the filing. These companies could power your portfolio for decades to come. WISH stock is going to be one to watch. General Atlantic-backed e-commerce firm Wish made public on Friday its regulatory filing for an IPO to list its shares on the Nasdaq, joining a host of companies rushing to take advantage of investor ap... ContextLogic is the company that owns the Wish e-commerce platform. 7 bought this. We and our partners will store and/or access information on your device through the use of cookies and similar technologies, to display personalised ads and content, for ad and content measurement, audience insights and product development.