joshuachin
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.

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