Streetbeat News

LOGC

ContextLogic Inc.

https://www.wish.com

Industry

Specialty Retail

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.

Open

6.74

Mkt cap

179M

Volume

179K

High

6.83

P/E Ratio

-1.23

52-wk high

8.24

Low

6.58

Div yield

N/A

52-wk low

4.13

ContextLogic (NASDAQ:LOGC) reported Q2 2024 adjusted EPS of $(0.50), missing the $(0.06) estimate by 733.33%. However, sales of $7.00M beat the $1.74M estimate by 302.30%, despite a 91.03% decrease from $78.00M in the same period last year.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2024 | 9:41 pm

The article highlights the intraday movements of several consumer discretionary stocks on Thursday. Notable gainers include JX Luxventure, Koss, Greenlane Holdings, Kirkland's, and Rent the Runway. On the losing side, ToughBuilt Industries, BurgerFi International, Golden Heaven Group Holdings, ContextLogic, Lead Real Estate Co, and SRM Entertainment saw declines.

Portfolio Pulse from Benzinga Insights

July 05, 2024 | 3:00 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.