ContextLogic Presents A High-Risk But Possibly High-Reward Opportunity
Throughout most of the publicly traded journey of e-commerce platform ContextLogic (NASDAQ:WISH), the route has been treacherous. What started out as an intriguing concept — evidenced by a peak price of more than $30 per share — gradually tumbled into what many analysts regard as a lost cause. Certainly, following the May 3 session when the security closed at $1.76,…