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