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Why Ecommerce Platform ContextLogic Shares Are Rocketing Today?

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

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Monday.com Reports Q4 Results, Joins AN2 TherapeuticsAnd Other Big Stocks Moving Lower In Monday’s Pre-Market Session

U.S. stock futures were mixed this morning, with the Dow futures trading lower by around 45 points on Monday. Shares of monday.com Ltd. (NASDAQ: MNDY) fell sharply in today’s pre-market trading after the company reported fourth-quarter financial results.

ANTX

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This Analyst With 87% Accuracy Rate Sees Around 12% Upside In Masco – Here Are 5 Stock Picks For Last Week From Wall Street’s Most Accurate Analysts

U.S. stocks closed mostly higher on Friday, while the S&P 500 closed above the 5,000 mark for the first time. For the week, all three indices recorded their fifth consecutive weekly gain with the S&P gaining 1.4% and the Dow adding 0.04% last week.

EVBG