ContextLogic surges after board okays $50 mln share repurchase program
21/04/2023 10:01
** Shares of mobile commerce co ContextLogic Inc WISH.O
rise ~21% to $8.68 in premarket trading
** Co's board authorizes share repurchase program of up to
$50 mln
** The repurchase program will be effective through Dec 3
** Up to last close, stock had fallen ~51% YTD
(Reporting by Khushi Singh)
((Khushi.Singh@thomsonreuters.com;))
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