Shares of ContextLogic Inc.
rallied 1.73% to $2.35 Friday, on what proved to be an all-around blended buying and selling session for the inventory market, with the S&P 500 Index
rising 0.52% to 4,500.53 and the Dow Jones Industrial Common
falling 0.06% to 35,089.74. The inventory’s rise snapped a two-day shedding streak. ContextLogic Inc. closed $28.53 in need of its 52-week excessive ($30.88), which the corporate reached on February tenth.
The inventory underperformed when in comparison with a few of its rivals Friday, as Newegg Commerce Inc.
rose 5.67% to $6.52, Overstock.com Inc.
rose 7.81% to $49.53, and Shopify Inc. Cl A
rose 8.22% to $876.00. Buying and selling quantity (22.1 M) remained 1.4 million beneath its 50-day common quantity of 23.5 M.
Editor’s Be aware: This story was auto-generated by Automated Insights, an automation know-how supplier, utilizing information from Dow Jones and FactSet. See our market information phrases of use.