Anyone knows what's wrong with

2021-05-24

Anyone knows what's wrong with $ContextLogic Inc.(WISH)$? It's been underperforming for the past few weeks. IPO price was $24, its almost a third of what it was back then.

Consumer sentiment on Wish isn't too great, but people still shop from there. If that's what's driving the stock lower, I'd say we're too pessimistic.

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

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":131248944,"tweetId":"131248944","gmtCreate":1621864907288,"gmtModify":1704363520368,"author":{"id":3575284407051997,"idStr":"3575284407051997","authorId":3575284407051997,"authorIdStr":"3575284407051997","name":"joshuachin","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":17,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body>Anyone knows what's wrong with&nbsp;<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>? It's been underperforming for the past few weeks. IPO price was $24, its almost a third of what it was back then.Consumer sentiment on Wish isn't too great, but people still shop from there. If that's what's driving the stock lower, I'd say we're too pessimistic.</body></html>","htmlText":"<html><head></head><body>Anyone knows what's wrong with&nbsp;<a href=\"https://laohu8.com/S/WISH\">$ContextLogic Inc.(WISH)$</a>? It's been underperforming for the past few weeks. IPO price was $24, its almost a third of what it was back then.Consumer sentiment on Wish isn't too great, but people still shop from there. If that's what's driving the stock lower, I'd say we're too pessimistic.</body></html>","text":"Anyone knows what's wrong with $ContextLogic Inc.(WISH)$? It's been underperforming for the past few weeks. IPO price was $24, its almost a third of what it was back then. Consumer sentiment on Wish isn't too great, but people still shop from there. If that's what's driving the stock lower, I'd say we're too pessimistic.","highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/131248944","repostId":0,"isVote":1,"tweetType":1,"viewCount":1184,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["WISH"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":269,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/131248944"}