ContextLogic Inc. Stock Rises Tuesday, Outperforms Market
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Shares of ContextLogic Inc. (WISH) rallied 1.18% to $4.30 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 0.22% to 4,443.95 and Dow Jones Industrial Average falling 0.31% to 34,517.73.
The stock's rise snapped a two-day losing streak.
ContextLogic Inc. closed $27.80 short of its 52-week high ($32.10), which the company reached on February 13th.
The stock outperformed some of its competitors Tuesday, as Amazon.com Inc. (AMZN) fell 1.68% to $137.63 and Walmart Inc. (WMT) fell 0.02% to $163.38.
Trading volume (436,450) remained 477,328 below its 50-day average volume of 913,778.
Data source: Dow Jones Market Data, FactSet. Data compiled September 19, 2023.
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September 19, 2023 17:35 ET (21:35 GMT)
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