Chronicle Journal: Finance

Why WISH Stock Is a Sell After the IPO

The COVID-19 pandemic has transformed e-commerce more than any other time since its inception. That's created a wave of new investment opportunities, but not all of them are worth owning... Sales skyrocketed as brick-and-mortar stores took their business online using platforms like Shopify (NYSE: SHOP), Etsy (NASDAQ: ETSY), Chewy (NYSE: CHEWY) and Amazon (NASDAQ: AMZN). People's buying habits changed forever. That is why I want to talk to you about one of the most recent e-commerce companies to go public, ContextLogic (NASDAQ: WISH), the operator of Wish.com, a discount e-commerce platform. Read more... Tags: Stocks to Buy The post Why WISH Stock Is a Sell After the IPO appeared first on Money Morning - We Make Investing Profitable .
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