Wish's parent company ContextLogic priced its shares at $24 each on Tuesday ahead of its initial public offering, Bloomberg first reported. 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).. Charts. The variance in analysts' estimates of WISH is lower than 11.78% of all US stocks. (WISH) Nasdaq Listed. 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. 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. Social. JPMorgan initiates Wish parent ContextLogic with an overweight stock rating. Contact Information. 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. WISH has gone public in an offering which has not been a success. www.wish.com. Since going public in mid-December 2020, WISH stock … The wish IPO prices late Tuesday and trades Wednesday. These young companies are just getting started. -1.83 ( … The opening trade was $22.75 per share, below its … These online retail leaders could power your portfolio for decades to come. $22. Wish IPO Presents A Mixed Bag For Investors. ... ContextLogic is an ecommerce business model, whose users are growing at a massive rate. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. 9, 2021 at 6:54 a.m. 52wk Low 15.06. WISH stock is worth $30 per share or over 43% more than its price today. News. The average price target represents a 48.77% upside from the last price of $17.14. The IPO priced l... Shares of Wish parent ContextLogic retreat from IPO price in Nasdaq debut. Share Price; $15.94 (As of Monday Closing) Wish General Information Description. Shopping Made Fun. Find out more about how we use your information in our Privacy Policy and Cookie Policy. 1,000+ bought this. While not necessariliy off to a great start like some other IPO's, WISH stock could be an outstanding e-commerce play in 2021. (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). Wish has filed to raise around $1 billion in a U.S. IPO. These companies could power your portfolio for decades to come. Ratings. WISH ContextLogic Inc — Stock Price and Discussion | Stocktwits. WISH stock will start trading this week, and investors should keep the Wish IPO on their radar. Shares of ContextLogic, which does business as the e-commerce site Wish, slid sharply in its first day of trading on Wednesday. Here's what you need to know. 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. While you may have missed the WISH IPO, no doubt there'll be more opportunities ahead. Nasdaq 100. 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. 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. $8. ContextLogic Inc's upside potential (average analyst target price relative to current price) is greater than 86.45% of Retail stocks. Free forex prices, toplists, indices and lots more. Price Target. The Wish IPO is set to begin trading Wednesday. Founded in 2010, San Francisco-based ContextLogic (NASDAQ:WISH) is a fast-growing global e-commerce platform focusing on discounted goods. The average price target is $25.50, with a high forecast of $31.00 and a low forecast of $19.00. But how can Wish practically give all of their items away? … $15.94. wish $18.64 -$0.47 -2.5% Price as of March 12, 2021, 9:00 p.m. EST View Interactive WISH Charts ContextLogic Inc. Class A Common Stock (WISH) Advanced Charting - Nasdaq offers advanced charting & market activity data for US and global markets. This morning Wish, a well-known mobile e-commerce startup, filed to go public. 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. 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. WISH stock is going to be one to watch. The discount e-commerce platform raised $1.1 billion at $24 per share before tanking shortly after its public market debut. 10+ bought this. According to app analytics service App Annie, Wish is … 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. WISH investment & stock information. 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. ContextLogic already has more than 100 million users in many countries. WISH detailed stock quotes, stock data, Real-Time ECN, charts, stats and more. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus rating of "Buy." Here's why. 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. Strike Price: $26.82 What... 5 ContextLogic Inc NASDAQ Updated Mar 6, 2021 12:59 AM. Szulczewski speaks on" Bloomberg Technology. 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. ContextLogic (WISH) stock price, charts, trades & the US's most popular discussion forums. 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. Find the latest ContextLogic Inc. (WISH) stock quote, history, news and other vital information to help you with your stock trading and investing. Join over 500 million others that have made their shopping more smart, fun, and rewarding. The opening trade was $22.75 per share, below its IPO pricing of $24 per share. The 12-month stock price forecast is 26.80, which is an increase of 43.78% from the latest price. Wish plans to sell 46 million shares priced between $22 and $24 per share, according to the filing. Sold Out. Here's what you need to know. $ 15.94 1.83 (-10.30%) Quote Time: Mar 8 4:00pm. 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. We launched Wish with a simple mission—to bring an affordable and entertaining mobile shopping experience to billions of consumers around the world. Most items are marked down 80 or 90 percent off of their original price, making them incredibly appealing to the frugal shopper. At first glance, WISH stock looks like a mobile version of Amazon. When Wish begins trading, it has the potential to be valued at approximately $13.5 billion. Wish stock sank on its first trading day, but bounced back on day two, up 14%. ContextLogic Inc. (WISH): Price and Financial Metrics. Get the latest ContextLogic Inc. Their average twelve-month price target is $24.25, predicting that the stock has a possible upside of 31.87%. 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. The firm provides a mobile-first e-commerce platform for merchants in China and elsewhere. Get the latest stock price for Wishpond Technologies Ltd. (WISH), plus the latest news, recent trades, charting, insider activity, and analyst ratings. December 17, 2020. Wish is an online marketplace that features a variety of discounted goods, ranging from cheap home wares and apparel to electronics and toys. The high valuation of WISH stock, along with ContextLogic's difficulties, make the shares unattractive at this point. 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. ContextLogic Inc's number of analysts covering the stock is higher than 93.18% of stocks in the NA market cap category. 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. 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. Key Data. 7 bought this. ET by Tomi Kilgore ContextLogic stock rises as revenue tops Street view $37. Beacon Securities raises price target on Wishpond Technologies to $2.50. The company issued 46,000,000 shares at a price of $22.00-$24.00 per share. Investors clearly have doubts on the sustainability and profitability of the business model, even as sales multiples are relatively modest. According to 12 analysts, the average rating for ContextLogic stock is "Buy." Last year was the rebirth of the initial public offering, and the momentum looks to be carrying into 2021 as well. Information about your device and Internet connection, including your IP address, Browsing and search activity while using Verizon Media websites and apps. We have become one of the largest and fastest growing global ecommerce platforms... [Read more...]. 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. (WISH) raised $1.1 billion in an IPO on Wednesday, December 16th 2020. 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 Home. Data is currently not available. In 2019, ContextLogic's revenue was $1.90 billion, an increase of 10.01% compared to the previous year's $1.73 billion. The U.S. market for initial public offerings (IPOs) had a banner year in 2020 despite the pandemic — or perhaps because of it. I just need a few pennies off of the retracement if the market follows my order! 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. WISH 17.77 0.63 (3.68%) Post-Market 0.18 (1.01%) 6,749. The Wish IPO is set to begin trading Wednesday. View ContextLogic Inc. WISH stock will start trading this week, and investors should keep the Wish IPO on their radar. Yahoo is part of Verizon Media. Wish is benefiting from the rapid rise of e-commerce around the world. 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. I Originally marked this up on the Daily so the current support zone is really around $26-$27. 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's parent company, ContextLogic, plans to list its shares on the Nasdaq under the symbol WISH. Benzinga - 2 months ago Wish Raises $1.1B In IPO Priced At Top Of Range You can change your choices at any time by visiting Your privacy controls. Sold Out. WISH stock is worth 43.4% more using Amazon's 3.5 multiple of the present value of its five-year sales forecast. Losses were -$129.00 million, -37.98% less than in 2018. Stock analysis for ContextLogic Inc (WISH:NASDAQ GS) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Deutsche Bank has initiated its coverage of ContextLogic, parent company of online retailer Wish, at a Buy rating on Monday. ContextLogic stock price target cut to $22 from $26 at Deutsche Bank Mar. 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 offers merchandise at steep bargain prices on its website and app, suggesting sellers' items to shoppers via their preferences. ContextLogic Inc. Class A Common Stock (WISH) ContextLogic Inc. Class A Common Stock. WISH - ContextLogic Inc Stock quote - CNNMoney.com Markets View the latest ContextLogic Inc. (WISH) stock price, news, historical charts, analyst ratings and financial information from WSJ. Ownership Status. The high price target for WISH is $31.00 and the low price target for WISH is $19.00. 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. 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. ContextLogic Inc is an online shopping store. 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. Look more closely, and its Instagrammed facade starts to fade away. Publicly Held. 100+ bought this. Website. Find real-time WISH - ContextLogic Inc stock quotes, company profile, news and forecasts from CNN Business.
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