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Anyone who has ever tried to find a dupe for a makeup product or buy really cheap everyday-use items would know about Wish. ContextLogic, the company behind the e-commerce platform, shared its ...
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However, due to issues surrounding quality on the platform and wider reopenings, investors are panicking, which is why WISH stock is down 30% in the last three months. Source:
Wish is an American online e-commerce platform for transactions between sellers and buyers. Wish was founded in 2010 by Piotr Szulczewski (former CEO) and Danny Zhang (former CTO). Wish is currently operated by ContextLogic Inc. in San Francisco , United States, pending the completion of a sale to Qoo10 initiated in February 2024.
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Wayfair's stock performance has resulted in a better valuation. The shares trade at less than a 0.5 price-to-sales (P/S) ratio. The shares have a 10-year median P/S of 1.3.
Image source: Getty Images. Come aboard; we're expecting you. Carnival's guidance back in June was revised higher. It now expects to earn $1.18 a share for this fiscal year, which ends in a little ...
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