Published on 24 Nov 2021 on Market Watch
Shares of ContextLogic Inc. were unchanged Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.23% to 4,701.46 and the Dow Jones Industrial Average falling 0.03% to 35,804.38. ContextLogic Inc. closed $28.88 below its 52-week high ($32.85), which the company reached on January 28th.
The stock underperformed when compared to some of its competitors Wednesday, as Newegg Commerce Inc. rose 5.03% to $18.38, Overstock.com Inc. rose 0.05% to $92.80, and Shopify Inc. Cl A rose 3.54% to $1,628.70. Trading volume (41.4 M) eclipsed its 50-day average volume of 35.0 M.