-ContextLogic (NASDAQ:WISH), the e-commerce services company that owns the e-commerce platform Wish, went public last December at $24 per share. The market wasn't impressed, however: The stock opened at $22.75, closed at $20.05 on the first day, and is now worth about $8.50.
-In its IPO filing, ContextLogic claimed Wish was the "most downloaded global shopping...