ylliX - Online Advertising Network
Company Ticker News

Wish Stock Tanks Following Q2 Print: Will Bulls Buy The Dip?

Wish Stock Tanks Following Q2 Print: Will Bulls Buy The Dip?

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

ContextLogic Inc (NASDAQ:WISH) printed an abysmal second-quarter earnings report on Thursday. The e-commerce company reported revenue of $656 million, far below the Street estimate of $723 million, and a massive net loss of $111 million compared to $11 million the year prior.

...read full article on Benzinga

ylliX - Online Advertising Network