ContextLogic announced that its Class A common stock will begin trading on NASDAQ under the ticker symbol “LOGC” prior to market open on May 13, 2024. This will replace the company’s current ticker symbol “WISH“, which has been used since its initial public offering in December 2020. The new ticker symbol comes following the company’s sale of the Wish e-commerce platform to Qube Network Pte. Ltd., a subsidiary of Qoo10 Pte. Ltd., which was completed on April 19, 2024. Because the company is not changing its name, no action by the company’s shareholders is required with respect to the ticker symbol change. The company’s Class A common stock will continue to be listed on NASDAQ.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WISH:
- ContextLogic Enhances Investor Communication with Updated Materials
- ContextLogic to Announce First Quarter 2024 Results on May 8, 2024
- ContextLogic’s Strategic Overhaul and Leadership Reshuffle
- ContextLogic Completes Sale of Substantially All Operating Assets and Liabilities Associated with Wish to Qoo10
- ContextLogic Asset Sale Approved by Shareholders