Slam Corp
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Company profile

Slam Corp is a blank check company. It is primarily formed for the purpose of effecting merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. The Company has not selected any business combination target. The Company intends to focus on acquiring businesses in the sports, media, entertainment, health and wellness and consumer technology sectors.

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ContextLogic Inc. Stock Falls Monday, Underperforms Market

5:31 pm ET January 10, 2022 (MarketWatch)

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of ContextLogic Inc. (WISH) slipped 6.16% to $2.59 Monday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.14% to 4,670.29 and Dow Jones Industrial Average falling 0.45% to 36,068.87. ContextLogic Inc. closed $30.26 below its 52-week high ($32.85), which the company reached on January 28th.

The stock underperformed when compared to some of its competitors Monday, as Newegg Commerce Inc. (NEGG) fell 1.90% to $8.76, Inc. (OSTK) fell 1.63% to $52.53, and Shopify Inc. Cl A (SHOP.T) fell 1.16% to $1,131.17. Trading volume (26.0 M) remained 693,307 below its 50-day average volume of 26.7 M.

Data source: Dow Jones Market Data, FactSet. Data compiled Janurary 10, 2022.

-MarketWatch Automation


(END) Dow Jones Newswires

January 10, 2022 17:31 ET (22:31 GMT)

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