Wish Announces CEO Transition

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ContextLogic Inc (WISH) PT Lowered to $5 at Stifel

November 11, 2021 6:55 AM EST

Stifel analyst Scott W. Devitt lowered the price target on ContextLogic Inc (NASDAQ: WISH) to $5.00 (from $7.00) while maintaining a Hold rating.

The analyst commented, "Wish reported 3Q revenue results below expectations and simultaneously announced that founder and CEO, Piotr Szulczewski, will be... More