Advertisement
New Zealand markets closed
  • NZX 50

    11,796.21
    -39.83 (-0.34%)
     
  • NZD/USD

    0.5888
    -0.0018 (-0.30%)
     
  • NZD/EUR

    0.5525
    -0.0020 (-0.36%)
     
  • ALL ORDS

    7,817.40
    -81.50 (-1.03%)
     
  • ASX 200

    7,567.30
    -74.80 (-0.98%)
     
  • OIL

    83.46
    +0.73 (+0.88%)
     
  • GOLD

    2,411.40
    +13.40 (+0.56%)
     
  • NASDAQ

    17,029.21
    -365.10 (-2.10%)
     
  • FTSE

    7,895.85
    +18.80 (+0.24%)
     
  • Dow Jones

    37,915.87
    +140.49 (+0.37%)
     
  • DAX

    17,737.36
    -100.04 (-0.56%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     
  • NZD/JPY

    90.9670
    -0.2870 (-0.31%)
     

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. When Wish reported declining revenue in the second quarter of 2021, investors suspected something significant was brewing behind the scenes. What unfolded over the next 12 months only confirmed investors' fears as executives left the company, revenue continued to plunge, and more.