ContextLogic Inc, Wish announced the “appointment of Vijay Talwar as Chief Executive Officer and a member of the Company’s Board of Directors, effective February 1, 2022. Mr. Talwar succeeds Wish’s Founder and former CEO, Piotr Szulczewski, who will continue to serve the Company as a member of the Board.” Since the headline came out $WISH stock soared more than 20%. WISH is up 40% since its bottom of 52 weeks low price of $2.10 per share.
The trend on $WISH stock is bullish as of February 1st, 2022, which indicates the possible bottom of its 52-week low price.
|Institutional Owners||210 total, 188 long, 1 short, 21 long/short|