ContextLogic Inc. (WISH) has plunged -6.04% at $2.49 in after-hours trading on the last check Tuesday. The ContextLogic stock gained 18.30% to complete the last trading session at $2.65. The price range of the WISH shares was between $2.32 and $2.67. It traded 30.18 million shares, which was above its daily average of 28.28 million shares over 100 days.
ContextLogic (WISH) shares have gained by 13.25% in the last five days, while they have added 4.74% in the last month. Apparently, the ContextLogic stock loss was due to profit-taking, with news of the company introducing a new feature failing to mitigate that loss.
What feature does WISH has introduced?
ContextLogic (WISH) brings a reasonable and engaging shopping experience to a large number of purchasers all over the planet. Since its establishment in San Francisco in 2010, ContextLogic has become one of the biggest worldwide online business stages, interfacing a great many worth cognizant customers to over a large portion of 1,000,000 shippers universally.
ContextLogic consolidates innovation and information science capacities and an imaginative revelation-based versatile shopping experience to make an exceptionally visual, engaging, and customized shopping experience for its clients.
ContextLogic (WISH) today reported the carry out of WISH Clips, another shoppable video highlight that is intended to enormously upgrade the client experience and improve on the way to buy.
- Each shoppable video experience empowers clients to rapidly acquire data about the item and imagine the different ways it very well may be utilized or worn.
- With one tap, clients can see the item subtleties, visit the dealer’s store or add an item to their shopping basket.
- Purchasers can likewise ‘like’ or report a video to WISH’s substance balance group.
- Wish Clips is now accessible to Android clients in 9 key markets1 and will be carried out to iOS clients beginning in April.
- Revelation trade is the future and ContextLogic is extending its interest into new items and client-driven highlights to rejuvenate that component of disclosure.
- Wish Clips will assist users with better picturing the item and partake in a more vivid, intuitive experience.
- For dealers, Wish Clips gives an incredible open door to grandstand their image’s character and style while driving item disclosure inside a local shopping experience.
- Vendors can make and transfer 5-30 second attractive video cuts that feature their item in real life.
- Through WISH’s vendor dashboard, shippers can get to execution measurements to all the more likely see how recordings can drive deals for their items.
What ContextLogic is arranging further?
The presentation of Wish Clips is important for ContextLogic more extensive work to improve the client experience on Wish and give more devices to shippers to exhibit their items. Wish Clips is one of numerous in a set-up of new items and elements scheduled for carrying out in 2022.
