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.