ContextLogic gained as much as 10% a few minutes ago

Tiger Newspress2021-06-15

(June 15) ContextLogic gained as much as 10% a few minutes ago.  ContextLogic gained nearly 6% for now.

ContextLogic signed a two-year partnership with an ecommerce platform,PrestaShop yesterday.

More than 300,000 merchants and brands on the PrestaShop platform will be able to easily sell to millions of consumers on the Wish marketplace.

Alan Small, Senior Business Development Manager for Wish in Europe said: “Wish serves millions of consumers around the world by providing high-quality products at affordable prices and a personalized, entertaining shopping experience. Partnering with PrestaShop will enable us to offer our consumers even more quality merchants and brands and to provide Prestashop merchants with a global platform to transact on.”

Last week,the company's shares surged on attracting attention on the WallStreetBets Reddit forum.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
132