ContextLogic Inc. (NASDAQ:WISH – Get Free Report) shares shot up 1.1% during mid-day trading on Monday . The company traded as high as $8.21 and last traded at $8.20. 394,027 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 991,637 shares. The stock had previously closed at $8.11.
ContextLogic Trading Up 1.1%
The stock has a 50-day simple moving average of $7.19 and a 200-day simple moving average of $7.29. The company has a market capitalization of $200.06 million, a price-to-earnings ratio of -0.68 and a beta of 2.09.
About ContextLogic
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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