ContextLogic Inc. (NASDAQ:WISH – Get Free Report) General Counsel Joanna Forster sold 16,394 shares of ContextLogic stock in a transaction dated Thursday, May 2nd. The shares were sold at an average price of $5.45, for a total value of $89,347.30. Following the transaction, the general counsel now directly owns 39,046 shares in the company, valued at approximately $212,800.70. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
ContextLogic Stock Performance
WISH stock opened at $5.41 on Wednesday. The firm has a 50 day simple moving average of $5.79 and a 200 day simple moving average of $5.35. ContextLogic Inc. has a 52 week low of $3.55 and a 52 week high of $9.90.
ContextLogic (NASDAQ:WISH – Get Free Report) last announced its quarterly earnings data on Monday, March 4th. The company reported ($2.82) earnings per share (EPS) for the quarter. ContextLogic had a negative return on equity of 102.51% and a negative net margin of 113.62%. The firm had revenue of $53.00 million for the quarter.
Institutional Investors Weigh In On ContextLogic
ContextLogic Company Profile
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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