Newsfeeds Archive - Spark Newswire

1 minute read

ContextLogic Urges Stockholders To Vote ‘FOR’ The Value Maximizing Transaction With Qoo10 TODAY

April 11, 9:21 AM

Today is Last Day for ContextLogic Stockholders to Vote at Upcoming Special Meeting Critical that Stockholders Approve Transaction to Protect the Value of their InvestmentNot Voting is the Same as Voting Against the

WISH

1 minute read

Leading Proxy Advisory Firms Recommend ContextLogic Stockholders Vote “FOR” Pending Transaction With Qoo10

By Benzinga Newsdesk

March 28, 4:41 PM

ISS, Glass Lewis and Egan-Jones Endorse Proposed Transaction Stockholders are Encouraged to Vote FOR the Value-Maximizing Transaction Before the Electronic Proxy Voting Deadline of 11:59 P.M. Eastern Time on

WISH

2 minute read

Movers

12 Consumer Discretionary Stocks Moving In Monday’s After-Market Session

By Benzinga Insights

February 12, 5:31 PM

Gainers Rent the Runway (NASDAQ:RENT) shares increased by 7.1% to $0.55 during Monday’s after-market session. The market value…

DLA

2 minute read

Nasdaq Edges Lower; ContextLogic Shares Surge

By Avi Kapoor

February 12, 3:15 PM

U.S. stocks traded mostly higher toward the end of trading, while the Nasdaq Composite moved slightly lower on Monday. The Dow traded up 0.52% to 38,873.28 while the NASDAQ fell 0.10% to 15,975.16. The S&P 500 also rose, gaining, 0.12% to 5,032.46.

ANTX

4 minute read

Why Big Lots Shares Are Trading Lower By Around 31%? Here Are Other Stocks Moving In Monday’s Mid-Day Session

By Avi Kapoor

February 12, 2:07 PM

Shares of Big Lots, Inc. (NYSE: BIG) fell sharply during Monday’s session after the company reported preliminary fourth-quarter results. Also, Loop Capital downgraded the stock from Hold to Sell and lowered its price target from $6 to $1.

AEY

1 minute read

Movers

12 Consumer Discretionary Stocks Moving In Monday’s Intraday Session

By Benzinga Insights

February 12, 1:31 PM

Gainers ContextLogic (NASDAQ:WISH) shares moved upwards by 46.1% to $6.58 during Monday’s regular session. The company’s market cap…

BIG

2 minute read

Dow Surges Over 150 Points; Gilead Sciences To Acquire CymaBay Therapeutics For $4.3B

By Avi Kapoor

February 12, 1:30 PM

U.S. stocks traded higher midway through trading, with the Dow Jones index jumping over 150 points on Monday. The Dow traded up 0.48% to 38,856.99 while the NASDAQ rose 0.26% to 16,031.87. The S&P 500 also rose, gaining, 0.30% to 5,041.87.

ANTX

2 minute read

CymaBay Therapeutics, ContextLogic, Snap And Other Big Stocks Moving Higher On Monday

By Avi Kapoor

February 12, 11:22 AM

U.S. stocks were mixed, with the Nasdaq Composite trading almost flat on Monday. Shares of CymaBay Therapeutics, Inc. (NASDAQ: CBAY) rose sharply in today’s pre-market trading.

ALLO

2 minute read

Why Ecommerce Platform ContextLogic Shares Are Rocketing Today?

By Lekha Gupta

February 12, 11:18 AM

ContextLogic Inc (NASDAQ: WISH) soars 35% as it plans to divest its Wish ecommerce platform assets to Qoo10 for $173 million, representing a significant premium. Post-divestment, WISH will be debt-free with substantial net cash proceeds and aims to monetize its tax assets, exploring financial sponsor opportunities for value realization.

WISH

5 minute read

ContextLogic Announces Agreement To Sell Substantially All Operating Assets And Liabilities Associated With Wish To Qoo10 For $173M In Cash Or ~$6.50/Share

By Benzinga Newsdesk

February 12, 9:03 AM

Purchase Price Represents Approximately $6.50 Per Share, a 44% PremiumContextLogic to Remain as Publicly Listed Entity, Preserving ~$2.7 Billion of Net Operating Losses (NOLs)Board Exploring Opportunity for Financial

WISH