ContextLogic rises after Q2 net loss narrows
10/08/2022 12:04
** Shares of e-commerce platform ContextLogic WISH.O rise
1.2% to $1.7 premarket
** Co, known as Wish, posts Q2 loss per share of 13 cents
vs. loss of 18 cents per share a year earlier
** Free cash flow was negative $67 mln vs. negative $205 mln
a year earlier
** Q2 revenue fell 80% to $134 mln
** Up to last close, stock down ~46% YTD
(Reporting by Chavi Mehta in Bengaluru)
((Chavi.Mehta@thomsonreuters.com;))
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