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Wish Has a Long Way to Go Before I'd Consider Buying It

TheMotleyFool

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Wish Has a Long Way to Go Before I'd Consider Buying It: https://g.foolcdn.com/editorial/images/696291/mature-senior-woman-in-grocery-store-looking-at-produce-poc.jpg

ContextLogic (NASDAQ: WISH), the e-commerce marketplace better known as Wish, has been a nightmare for investors.

Over the last 18 months, the company has lost almost all of its key executives, customers, and market capitalization. As a shareholder, I was dumbfounded by how fast these events unfolded in such a short period.

In the latest chapter of this saga, Wish reported its second-quarter results on Aug. 9. Could there be a turnaround in the making here? Let's find out.

Source Fool.com

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