ContextLogic Inc. stock falls Tuesday, underperforms market

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Shares of ContextLogic Inc. WISH shed 0.64% to $0.37 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX falling 0.16% to 3,971.27 and Dow Jones Industrial Average DJIA falling 0.12% to 32,394.25. This was the stock’s third consecutive day of losses. ContextLogic Inc. closed $2.21 short of its 52-week high ($2.58), which the company reached on March 29th.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Amazon.com…

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