Leveraged, Inverse, and Commodity ETFs

Not suitable for all investors, these ETFs or other exchange traded products represent unique risks, including leverage, derivatives, and complex investment strategies. Learn more

iPath® Series B Carbon ETN
Change company Symbol lookup
Select an option...
GRN iPath® Series B Carbon ETN
WILC G Willi-Food International Ltd
WTBA West Bancorporation Inc
RGSEQ Real Goods Solar Inc
CVI CVR Energy Inc
OSTK Overstock.com Inc
EGIL Edgetech International Inc
XOM Exxon Mobil Corp
AIV Apartment Investment and Management Co

Based in United Kingdom
Company profile

Barclays PLC is a holding company. The Company, through its subsidiaries, is a transatlantic consumer and wholesale bank with global reach offering products and services across personal, corporate and investment banking, credit cards and wealth management, anchored in the Company’s two home markets of the United Kingdom and the United States. The Company is organized into two business divisions: the Barclays UK division (Barclays UK) and the Barclays International division (Barclays International). Barclays UK offers everyday products and services to retail customers and small- to medium-sized enterprises based in the United Kingdom. Barclays UK is the ring-fenced bank for the United Kingdom, providing transactional, lending and investment products and services to Wealth and Business Banking customers and clients. Barclays International includes the corporate and Investment Bank, and Consumer, Cards and Payments.

Closing Price
Day's Change
0.03 (0.14%)
B/A Size
Day's High
Day's Low

10-day average volume:

JPMorgan sees 'significant growth potential' for Wish shopping app

3:44 pm ET January 11, 2021 (MarketWatch)

Tonya Garcia

JPMorgan initiated ContextLogic Inc. , parent company to the Wish shopping app, with an overweight stock rating and $30 price target, writing that the company has "significant growth potential."

"We expect Wish to deliver more consistent 20%-plus growth over the next couple years as it moves beyond COVID-19-driven supply constraints and fully benefits from its recently established logistics network," analysts wrote.

Wish is focused on customers with an annual household income below $75,000. JPMorgan estimates that the company currently captures about 3% of that total global market of more than 1 billion households excluding China and India, and less than 1% of the global mobile commerce market, worth about $2.1 trillion.

Read:Poshmark IPO: 5 things to know about the online marketplace before it goes public (https://www.marketwatch.com/story/poshmark-ipo-5-things-to-know-about-the-online-marketplace-before-it-goes-public-11608745839)

"Wish has built a differentiated e-commerce platform, catering primarily to value-conscious buyers by selling affordable and unbranded products," analysts said.

UBS was also upbeat in its initiation.

"In examining its long-term opportunity, we see Wish executing against a large global household TAM [total addressable market] with several secular tailwinds (mobile commerce, emerging economies, cross border)," analysts led by Eric Sheridan wrote.

While analysts list a number of assets, including "an affordable/entertaining mobile shopping experience " and the use of data science, there are reasons to be cautious.

"Risk factors include industry competition, potential fraud on the platform, cross border logistics & merchant base, and investor appetite for risk," UBS said.

See:German-based Mytheresa joins growing list of e-commerce retailers going public (https://www.marketwatch.com/story/german-based-mytheresa-joins-growing-list-of-e-commerce-retailers-going-public-11609257701)

UBS rates ContextLogic stock a buy with a $28 price target.

Stifel analysts note the stock price has dipped since it started at $22.75 on Dec. 16, 2020 (https://www.marketwatch.com/story/wishs-stock-open-below-ipo-price-2020-12-16?mod=mw_quote_news). Late Monday, it was trading at about $19.60.

"Shares have fallen below the initial offering price of $24 and currently trade at a discount to the peer group as debates surrounding the issues of profitability, China related risk, and the user experience and its long term impact to growth are still to play out," analysts led by Scott Devitt wrote.

"While Wish possesses many of the attributes we appreciate in a global marketplace, we hold a neutral view while the current debates have yet to be resolved."

Stifel rates ContextLogic shares hold with a $22 price target.

The Amplify Online Retail ETF (IBUY) has soared 128.5% over the past year while the S&P 500 index is up 16.3% for the period.

-Tonya Garcia; 415-439-6400; AskNewswires@dowjones.com


(END) Dow Jones Newswires

January 11, 2021 15:44 ET (20:44 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

Earnings Calendar and Events Data provided by |Terms of Use| © 2021 Wall Street Horizon, Inc.

Market data accompanied by is delayed by at least 15 minutes for NASDAQ, NYSE MKT, NYSE, and options. Duration of the delay for other exchanges varies.
Market data and information provided by Morningstar.

Options are not suitable for all investors as the special risks inherent to options trading may expose investors to potentially rapid and substantial losses.
Please read Characteristics and Risks of Standard Options before investing in options.

Information and news provided by ,, , Computrade Systems, Inc., , and

Copyright © 2021. All rights reserved.