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Re-Evaluating ContextLogic After A 30% Price Drop

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Re-Evaluating ContextLogic After A 30% Price Drop

14 Aug Stock Analysis

Adrian Vidal/iStock via Getty Images
Shares of ContextLogic (NASDAQ:WISH) dropped 30% after the shopping app’s Q2’21 results showed slowing demand and higher costs. With sales and user growth turning negative last quarter, the risks for ContextLogic have…

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Global, Seeking Alpha
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