ContextLogic Inc. stock outperforms market on strong trading day
Shares of ContextLogic Inc.
WISH,
+0.28%
inched 0.28% higher to $5.36 Thursday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index
SPX,
-0.16%
falling 0.16% to 4,507.66 and Dow Jones Industrial Average
DJIA,
-0.48%
falling 0.48% to 34,721.91.
This was the stock’s third consecutive day of gains.
ContextLogic Inc. closed $34.55 below its 52-week high ($39.90), which the company achieved on September 12th.
The stock underperformed when compared to some of its competitors Thursday, as Amazon.com Inc.
AMZN,
+2.18%
rose 2.18% to $138.01 and Walmart Inc.
WMT,
+0.87%
rose 0.87% to $162.61.
Trading volume (326,035) remained 659,220 below its 50-day average volume of 985,255.
Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.