| (USD) | Sep 2023 | Q/Q |
|---|---|---|
| Revenue | 60MM | -23% |
| Gross Profit | 14MM | -12% |
| Cost Of Revenue | 46MM | -26% |
| Operating Income | -80MM | -4% |
| Operating Expenses | 94MM | -5% |
| Net Income | -80MM | - |
| R&D | 38MM | - |
| G&A | 21MM | -5% |
| Marketing | 35MM | -10% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Transaction Enables Company to Preserve ~$2.7 Billion of Net Operating Losses (NOLs) Rishi Bajaj Appointed Chief Executive Officer; Four New Independent Directors Join Board of Directors SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (NASDAQ: WISH) (“ContextLogic” or the “Company”), today announced that it has completed its previously announced transaction with Qoo10 Pte. Ltd. (“Qoo10”). As disclosed, ContextLogic entered into an agreement to sell substantially all of the Co
Transaction Closing Expected to Occur Later Today, April 19, 2024SAN FRANCISCO, April 19, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) announced its stockholders have approved the Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) at yesterday’s Special Meeting of Stockholders (the “Special Meeting”). The transaction is expected to close later today, April 19, 2024. Rishi Bajaj, who will become Chief Executive Officer and Chairman of
SAN FRANCISCO, April 17, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminds stockholders to vote “FOR” the proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”) at the upcoming Special Meeting of Stockholders (the “Special Meeting”). The Special Meeting is scheduled to be held at 11:30 a.m. Pacific Time on April 18, 2024. Stockholders of record as of March 7, 2024, are entitled to vote. EVERY VOTE IS IMPORTANT; NO MATTER HOW MANY
Issues Open Letter to Stockholders; Urges ALL Stockholders to Protect the Value of their Investment by Voting “FOR” the Transaction TODAYSAN FRANCISCO, April 15, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today mailed a letter to stockholders in connection with its upcoming Special Meeting of Stockholders (the “Special Meeting”) urging stockholders to vote “FOR” the proposed transaction with Qoo10 Pte. Ltd. (“Qoo10”). The Special Meet
You might not be very familiar with PDD (NASDAQ:PDD), but this is the holding company that owns China-based e-commerce platform Pinduoduo. However, there’s more to the story. After considering PDD’s other well-known e-commerce venture, you’ll probably want to minimize your exposure to Pinduoduo stock. I’m not saying that you shouldn’t invest in PDD or Pinduoduo at all. The important thing is to understand the substantial risks involved. As we’ll discover, one of PDD’s businesses has the potentia
Approximately 97% of Shares Voted have been “FOR” the Transaction; Approximately 500,000 Additional Shares Needed to Vote “FOR” to Complete Transaction Urges ALL Stockholders to Protect the Value of their Investment by Voting “FOR” the Transaction TODAY SAN FRANCISCO, April 12, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced its Special Meeting of Stockholders (the “Special Meeting”) being held today will convene and then a
Stockholders Urged to Vote FOR the Value-Maximizing Transaction with Qoo10 Electronic Voting Deadline is 11:59 P.M. Eastern Time on Thursday, April 11, 2024 SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today reminded stockholders to vote at the upcoming special meeting of stockholders (the “Special Meeting”) on Friday, April 12, 2024, at 10:00 a.m. Pacific Time. The ContextLogic Board of Directors (the “Board”)
Proposed Transaction Ensures Preservation of $2.7 billion in NOLsOutlines Support for Transaction from ContextLogic Investors and Proxy Advisory FirmsSpecial Meeting of Stockholders is Friday, April 12, 2024, at 10:00 A.M. Pacific Time SAN FRANCISCO, April 03, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today issued a reminder to stockholders to vote “FOR” the proposed Asset Sale transaction with Qoo10 Pte. Ltd. (“Qoo10”) in connection
Upon Closing, Rishi Bajaj to Become Chief Executive Officer of ContextLogic and Four New Independent Directors to Join ContextLogic Board Six Existing Directors to Step Down from Board Upon Completion of the Qoo10 Transaction Reconstituted Board and Management Team to Focus on Maximizing Value of ~$2.7 Billion of NOLs SAN FRANCISCO, April 02, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that it will reconstitute its Boar
ISS, Glass Lewis and Egan-Jones Endorse Proposed Transaction Stockholders are Encouraged to Vote FOR the Value-Maximizing Transaction Before the Electronic Proxy Voting Deadline of 11:59 P.M. Eastern Time on Thursday, April 11, 2024 SAN FRANCISCO, March 28, 2024 (GLOBE NEWSWIRE) -- ContextLogic Inc. (d/b/a Wish) (NASDAQ: WISH) (“ContextLogic” or the “Company”) today announced that proxy advisory firms Institutional Shareholder Services (“ISS”), Glass Lewis and Egan-Jones have all recommended tha