Better Value Tech Stock: Wish or Skillz
ContextLogic (NASDAQ: WISH), the e-commerce company better known as Wish, and Skillz (NYSE: SKLZ), the gaming platform company that merged with a special purpose acquisition company (SPAC) in late 2020, both burned plenty of investors over the past year. Wish went public at $24 per share in December 2020, and Skillz opened at $17.89 on its first trading day that same month. Many investors have clearly given up on Wish and Skillz, but both stocks look fundamentally cheap at these levels.