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5 Red Flags for Wish's Future

·4 min read
5 Red Flags for Wish's Future
In this article:
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ContextLogic (NASDAQ: WISH), the parent company of the e-commerce platform Wish, went public at $24 per share nearly a year ago. Wish certainly isn't down for the count yet, but investors should be aware of five red flags before considering the stock a turnaround play. Wish's heavy dependence on Chinese merchants frequently exposes its buyers to counterfeit, low-quality, and dangerous products.