Down 50% in 2021, is ContextLogic a Buy?

The share price of leading e-commerce platform ContextLogic (WISH) has plunged more than 50% year-to-date amid growing concerns surrounding the company’s bleak performance in its last reported quarter. Although WISH’s expanding logistics capabilities and differentiated product offerings could boost its growth in the long term, near-term headwinds could cause the stock to suffer a further pullback. Read more to find out.