ContextLogic (WISH) stock has dropped after the release of the much-anticipated earnings report. The stock had surged up 5% on Wednesday to $5.37 as investors waited for the earnings report.
To help stock traders eying the WISH stock, Invezz has created a brief article on what it is and the best places to buy it.
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WISH stock is the stock of Wish Platform and it trades on NASDAQ under the symbol NASDAQ: WISH.
Wish platform is an American e-commerce platform that facilitates transactions between online buyers and sellers.
Wish was founded in 2010 and it is operated by CotextLogic Inc, a company based in San Francisco, United States.
Despite the current dip, the WISH stock is expected to roar back upwards and it is could be a good time to buy the dip.
It is difficult to predict the price of a stock that has been on the decline. WISH stock has been putting up a spirited fight by registering a series of higher lows in the past month.
The downside appears to be already capped and investors are expecting the stock to rally upwards if retail traders create enough momentum.
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