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2021-10-24
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WISH Stock: What Momentum Investors Wish To See<blockquote>愿望股票：投资者希望看到什么势头</blockquote>
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{"i18n":{"language":"zh_CN"},"detailType":1,"isChannel":false,"data":{"magic":2,"id":858850211,"tweetId":"858850211","gmtCreate":1635038366195,"gmtModify":1635038366385,"author":{"id":3582285484477860,"idStr":"3582285484477860","authorId":3582285484477860,"authorIdStr":"3582285484477860","name":"夜行星","avatar":"https://static.tigerbbs.com/b30382b13e00165eba468359762783aa","vip":1,"userType":1,"introduction":"","boolIsFan":false,"boolIsHead":false,"crmLevel":12,"crmLevelSwitch":0,"individualDisplayBadges":[],"fanSize":14,"starInvestorFlag":false},"themes":[],"images":[],"coverImages":[],"extraTitle":"","html":"<html><head></head><body><p>Like 👍 </p></body></html>","htmlText":"<html><head></head><body><p>Like 👍 </p></body></html>","text":"Like 👍","highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://laohu8.com/post/858850211","repostId":1111559375,"repostType":4,"repost":{"id":"1111559375","kind":"news","pubTimestamp":1635038026,"share":"https://www.laohu8.com/m/news/1111559375?lang=zh_CN&edition=full","pubTime":"2021-10-24 09:13","market":"us","language":"en","title":"WISH Stock: What Momentum Investors Wish To See<blockquote>愿望股票：投资者希望看到什么势头</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1111559375","media":"TheStreet","summary":"WISH stock spiked nearly 10% in the past three days. Without company-specific news to properly justi","content":"<p>WISH stock spiked nearly 10% in the past three days. Without company-specific news to properly justify positive momentum, the stock’s popularity may have been the catalyst.</p><p><blockquote>WISH股价过去三天飙升近10%。如果没有公司具体的消息来恰当地证明积极的势头，该股的受欢迎程度可能是催化剂。</blockquote></p><p> After trading poorly in the past few months, ContextLogic stock found its way higher again. On October 20 alone, shares were up 14%. Meanwhile, the ticker saw overwhelming volume of comments on Reddit, which may help to justify bullish market action.</p><p><blockquote>在过去几个月交易不佳之后，ContextLogic股票再次走高。仅10月20日一天，股价就上涨了14%。与此同时，该股票在Reddit上收到了大量评论，这可能有助于证明看涨市场行动的合理性。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e0424b0add4ae09c16fd60a8ab9616b\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Figure 1: Wish logo on a box.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：盒子上的愿望标志。</span></p></blockquote></p><p> As we mentioned in previous articles, and while the stock remains near all-time lows, momentum investors might still not be too late for the party.</p><p><blockquote>正如我们在之前的文章中提到的，虽然该股仍接近历史低点，但动量投资者参加聚会可能还为时不晚。</blockquote></p><p> <b>Exposure may have done the trick</b></p><p><blockquote><b>曝光可能起到了作用</b></blockquote></p><p> A likely culprit behind WISH’s brief rally was the stock’s popularity online pushing demand for shares higher. The ticker received 150% more mentions and a whopping 35,000 upvotes – understanding that correlation between comments and upticks in share price does not necessarily indicate causation. See below the top trending stocks on Reddit on October 21.</p><p><blockquote>WISH短暂上涨背后的一个可能原因是该股在网上的受欢迎程度推高了股票需求。该股票的提及次数增加了150%，获得了高达35,000张赞成票——了解评论与股价上涨之间的相关性并不一定表明因果关系。请参阅下面10月21日Reddit上的热门股票。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/079bfbb083306bb71a80744d70297d15\" tg-width=\"1078\" tg-height=\"391\" width=\"100%\" height=\"auto\"><span>Figure 2: Trending stocks on Reddit on October 21.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：10月21日Reddit上的趋势股票。</span></p></blockquote></p><p> Another popularity tracker(see below) suggests that, in the last three months, WISH's popularity remained consistently high. However, share price had not necessarily been moving in lockstep with exposure on the discussion boards until recently. Still, it is not at all surprising that a jolt in stock price could soon follow.</p><p><blockquote>另一个受欢迎程度跟踪器（见下文）表明，在过去的三个月里，WISH的受欢迎程度一直很高。然而，直到最近，股价还不一定与讨论板上的曝光率同步变动。不过，股价可能很快就会出现震荡也就不足为奇了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e68ad670e6a136155d3e6e9abfbce3c\" tg-width=\"527\" tg-height=\"571\" width=\"100%\" height=\"auto\"><span>Figure 3: WISH stock sentiment on the WSB forum.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：WSB论坛上的WISH股票情绪。</span></p></blockquote></p><p> The correlation between online popularity and WISH’s recent performance is consistent with the SEC’s recently released report on GameStop’s trading frenzy. The rallies seen earlier in 2021 have been primarily attributed to an increase in engagement by retail investors, enabled by platforms like Reddit. The same report also questioned the hypothesis that short covering had much to do with the massive increases in share price.</p><p><blockquote>网络人气与WISH近期业绩的相关性与SEC近期发布的游戏驿站交易狂潮报告一致。2021年早些时候的反弹主要归因于Reddit等平台推动的散户投资者参与度的增加。同一份报告还质疑了空头回补与股价大幅上涨有很大关系的假设。</blockquote></p><p> <b>Dip buying</b></p><p><blockquote><b>逢低买入</b></blockquote></p><p> This week’s bullish attack may have also been motivated by Wish stock being so close to its all-time lows. Growth in the e-commerce space has been pressured by the “beginning of the end” of the pandemic and stay-at-home tailwinds. Also, several Wall Street experts have downgraded WISH following Q2 results, undermining positive sentiment.</p><p><blockquote>本周的看涨攻击也可能是由于Wish股票如此接近历史低点。电子商务领域的增长受到疫情“结束的开始”和呆在家里的顺风的压力。此外，在第二季度业绩公布后，几位华尔街专家下调了WISH的评级，削弱了积极情绪。</blockquote></p><p> The above seems to have created a bearish wave. WISH has elevated short interest, at almost 25% of the float. Such high ratio can put short sellers in a vulnerable position: an increase in trading volume coupled with overbidding can force some to close their positions, kickstarting a snowball effect.</p><p><blockquote>上述似乎创造了一波看跌浪潮。WISH提高了空头兴趣，几乎占流通量的25%。如此高的比率可能会使卖空者处于弱势地位：交易量的增加加上出价过高可能会迫使一些人平仓，从而引发滚雪球效应。</blockquote></p><p> <b>Experts see upside</b></p><p><blockquote><b>专家看到上涨空间</b></blockquote></p><p> Lastly, Wall Street currently assigns a consensus price target of $9.06 to Wish stock, signaling impressive 55% upside potential from the current sub-$6 levels. Despite an average neutral rating, even the more skeptical analysts still see gains ahead.</p><p><blockquote>最后，华尔街目前将Wish股票的一致目标价定为9.06美元，这表明较目前低于6美元的水平有55%的上涨潜力。尽管平均评级为中性，但即使是持怀疑态度的分析师仍然认为未来将会上涨。</blockquote></p><p> Credit Suisse’s Stephen Ju reduced his price target from $24 to $19. He adjusted projections lower after ContexLogic missed Q2 revenue and adjusted EBITDA estimates due to lower customer retention and declining usage rates. However, the analyst still sees massive upside potential of nearly 200% ahead.</p><p><blockquote>瑞信的Stephen Ju将目标价从24美元下调至19美元。在ContexLogic未能实现第二季度收入后，他下调了预测，并因客户保留率下降和使用率下降而调整了EBITDA预期。然而，分析师仍然认为未来有近200%的巨大上涨潜力。</blockquote></p><p> Citigroup’s Nicholas Jones is not as bullish. He has a neutral rating on the stock but forecasts $7.50 on the horizon, for 23% upside potential. Q2 earnings were cited as the key reason for a price target reduction. Mr. Jones also attributed poor stock performance to the company’s difficulty in sustaining growth, especially due to higher-than-expected user churn and ad rates.</p><p><blockquote>花旗集团的尼古拉斯·琼斯则不那么乐观。他对该股给予中性评级，但预测未来股价为7.50美元，上涨潜力为23%。第二季度盈利被认为是下调价格目标的主要原因。琼斯先生还将股票表现不佳归因于公司难以维持增长，特别是由于用户流失率和广告率高于预期。</blockquote></p><p> On the bearish side, JPMorgan and Oppenheimer have a sell rating on the stock and $4 to $5 share price target.According to the former, decline in user activity due to the reopening of the economy, alongside Wish’s retention and rising ad costs, are the main concerns.</p><p><blockquote>看跌方面，摩根大通和奥本海默对该股给予卖出评级，目标股价为4至5美元。根据前者的说法，由于经济重新开放，用户活动下降，以及Wish的留存和广告成本上升，是主要担忧。</blockquote></p><p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WISH Stock: What Momentum Investors Wish To See<blockquote>愿望股票：投资者希望看到什么势头</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWISH Stock: What Momentum Investors Wish To See<blockquote>愿望股票：投资者希望看到什么势头</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">TheStreet</strong><span class=\"h-time small\">2021-10-24 09:13</span>\n</p>\n</h4>\n</header>\n<article>\n<p>WISH stock spiked nearly 10% in the past three days. Without company-specific news to properly justify positive momentum, the stock’s popularity may have been the catalyst.</p><p><blockquote>WISH股价过去三天飙升近10%。如果没有公司具体的消息来恰当地证明积极的势头，该股的受欢迎程度可能是催化剂。</blockquote></p><p> After trading poorly in the past few months, ContextLogic stock found its way higher again. On October 20 alone, shares were up 14%. Meanwhile, the ticker saw overwhelming volume of comments on Reddit, which may help to justify bullish market action.</p><p><blockquote>在过去几个月交易不佳之后，ContextLogic股票再次走高。仅10月20日一天，股价就上涨了14%。与此同时，该股票在Reddit上收到了大量评论，这可能有助于证明看涨市场行动的合理性。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e0424b0add4ae09c16fd60a8ab9616b\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Figure 1: Wish logo on a box.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图1：盒子上的愿望标志。</span></p></blockquote></p><p> As we mentioned in previous articles, and while the stock remains near all-time lows, momentum investors might still not be too late for the party.</p><p><blockquote>正如我们在之前的文章中提到的，虽然该股仍接近历史低点，但动量投资者参加聚会可能还为时不晚。</blockquote></p><p> <b>Exposure may have done the trick</b></p><p><blockquote><b>曝光可能起到了作用</b></blockquote></p><p> A likely culprit behind WISH’s brief rally was the stock’s popularity online pushing demand for shares higher. The ticker received 150% more mentions and a whopping 35,000 upvotes – understanding that correlation between comments and upticks in share price does not necessarily indicate causation. See below the top trending stocks on Reddit on October 21.</p><p><blockquote>WISH短暂上涨背后的一个可能原因是该股在网上的受欢迎程度推高了股票需求。该股票的提及次数增加了150%，获得了高达35,000张赞成票——了解评论与股价上涨之间的相关性并不一定表明因果关系。请参阅下面10月21日Reddit上的热门股票。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/079bfbb083306bb71a80744d70297d15\" tg-width=\"1078\" tg-height=\"391\" width=\"100%\" height=\"auto\"><span>Figure 2: Trending stocks on Reddit on October 21.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图2：10月21日Reddit上的趋势股票。</span></p></blockquote></p><p> Another popularity tracker(see below) suggests that, in the last three months, WISH's popularity remained consistently high. However, share price had not necessarily been moving in lockstep with exposure on the discussion boards until recently. Still, it is not at all surprising that a jolt in stock price could soon follow.</p><p><blockquote>另一个受欢迎程度跟踪器（见下文）表明，在过去的三个月里，WISH的受欢迎程度一直很高。然而，直到最近，股价还不一定与讨论板上的曝光率同步变动。不过，股价可能很快就会出现震荡也就不足为奇了。</blockquote></p><p> <p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e68ad670e6a136155d3e6e9abfbce3c\" tg-width=\"527\" tg-height=\"571\" width=\"100%\" height=\"auto\"><span>Figure 3: WISH stock sentiment on the WSB forum.</span></p><p><blockquote><p class=\"t-img-caption\"><span>图3：WSB论坛上的WISH股票情绪。</span></p></blockquote></p><p> The correlation between online popularity and WISH’s recent performance is consistent with the SEC’s recently released report on GameStop’s trading frenzy. The rallies seen earlier in 2021 have been primarily attributed to an increase in engagement by retail investors, enabled by platforms like Reddit. The same report also questioned the hypothesis that short covering had much to do with the massive increases in share price.</p><p><blockquote>网络人气与WISH近期业绩的相关性与SEC近期发布的游戏驿站交易狂潮报告一致。2021年早些时候的反弹主要归因于Reddit等平台推动的散户投资者参与度的增加。同一份报告还质疑了空头回补与股价大幅上涨有很大关系的假设。</blockquote></p><p> <b>Dip buying</b></p><p><blockquote><b>逢低买入</b></blockquote></p><p> This week’s bullish attack may have also been motivated by Wish stock being so close to its all-time lows. Growth in the e-commerce space has been pressured by the “beginning of the end” of the pandemic and stay-at-home tailwinds. Also, several Wall Street experts have downgraded WISH following Q2 results, undermining positive sentiment.</p><p><blockquote>本周的看涨攻击也可能是由于Wish股票如此接近历史低点。电子商务领域的增长受到疫情“结束的开始”和呆在家里的顺风的压力。此外，在第二季度业绩公布后，几位华尔街专家下调了WISH的评级，削弱了积极情绪。</blockquote></p><p> The above seems to have created a bearish wave. WISH has elevated short interest, at almost 25% of the float. Such high ratio can put short sellers in a vulnerable position: an increase in trading volume coupled with overbidding can force some to close their positions, kickstarting a snowball effect.</p><p><blockquote>上述似乎创造了一波看跌浪潮。WISH提高了空头兴趣，几乎占流通量的25%。如此高的比率可能会使卖空者处于弱势地位：交易量的增加加上出价过高可能会迫使一些人平仓，从而引发滚雪球效应。</blockquote></p><p> <b>Experts see upside</b></p><p><blockquote><b>专家看到上涨空间</b></blockquote></p><p> Lastly, Wall Street currently assigns a consensus price target of $9.06 to Wish stock, signaling impressive 55% upside potential from the current sub-$6 levels. Despite an average neutral rating, even the more skeptical analysts still see gains ahead.</p><p><blockquote>最后，华尔街目前将Wish股票的一致目标价定为9.06美元，这表明较目前低于6美元的水平有55%的上涨潜力。尽管平均评级为中性，但即使是持怀疑态度的分析师仍然认为未来将会上涨。</blockquote></p><p> Credit Suisse’s Stephen Ju reduced his price target from $24 to $19. He adjusted projections lower after ContexLogic missed Q2 revenue and adjusted EBITDA estimates due to lower customer retention and declining usage rates. However, the analyst still sees massive upside potential of nearly 200% ahead.</p><p><blockquote>瑞信的Stephen Ju将目标价从24美元下调至19美元。在ContexLogic未能实现第二季度收入后，他下调了预测，并因客户保留率下降和使用率下降而调整了EBITDA预期。然而，分析师仍然认为未来有近200%的巨大上涨潜力。</blockquote></p><p> Citigroup’s Nicholas Jones is not as bullish. He has a neutral rating on the stock but forecasts $7.50 on the horizon, for 23% upside potential. Q2 earnings were cited as the key reason for a price target reduction. Mr. Jones also attributed poor stock performance to the company’s difficulty in sustaining growth, especially due to higher-than-expected user churn and ad rates.</p><p><blockquote>花旗集团的尼古拉斯·琼斯则不那么乐观。他对该股给予中性评级，但预测未来股价为7.50美元，上涨潜力为23%。第二季度盈利被认为是下调价格目标的主要原因。琼斯先生还将股票表现不佳归因于公司难以维持增长，特别是由于用户流失率和广告率高于预期。</blockquote></p><p> On the bearish side, JPMorgan and Oppenheimer have a sell rating on the stock and $4 to $5 share price target.According to the former, decline in user activity due to the reopening of the economy, alongside Wish’s retention and rising ad costs, are the main concerns.</p><p><blockquote>看跌方面，摩根大通和奥本海默对该股给予卖出评级，目标股价为4至5美元。根据前者的说法，由于经济重新开放，用户活动下降，以及Wish的留存和广告成本上升，是主要担忧。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-momentum-investors-wish-to-see\">TheStreet</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/memestocks/other-memes/wish-stock-what-momentum-investors-wish-to-see","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111559375","content_text":"WISH stock spiked nearly 10% in the past three days. Without company-specific news to properly justify positive momentum, the stock’s popularity may have been the catalyst.\nAfter trading poorly in the past few months, ContextLogic stock found its way higher again. On October 20 alone, shares were up 14%. Meanwhile, the ticker saw overwhelming volume of comments on Reddit, which may help to justify bullish market action.\nFigure 1: Wish logo on a box.\nAs we mentioned in previous articles, and while the stock remains near all-time lows, momentum investors might still not be too late for the party.\nExposure may have done the trick\nA likely culprit behind WISH’s brief rally was the stock’s popularity online pushing demand for shares higher. The ticker received 150% more mentions and a whopping 35,000 upvotes – understanding that correlation between comments and upticks in share price does not necessarily indicate causation. See below the top trending stocks on Reddit on October 21.\nFigure 2: Trending stocks on Reddit on October 21.\nAnother popularity tracker(see below) suggests that, in the last three months, WISH's popularity remained consistently high. However, share price had not necessarily been moving in lockstep with exposure on the discussion boards until recently. Still, it is not at all surprising that a jolt in stock price could soon follow.\nFigure 3: WISH stock sentiment on the WSB forum.\nThe correlation between online popularity and WISH’s recent performance is consistent with the SEC’s recently released report on GameStop’s trading frenzy. The rallies seen earlier in 2021 have been primarily attributed to an increase in engagement by retail investors, enabled by platforms like Reddit. The same report also questioned the hypothesis that short covering had much to do with the massive increases in share price.\nDip buying\nThis week’s bullish attack may have also been motivated by Wish stock being so close to its all-time lows. Growth in the e-commerce space has been pressured by the “beginning of the end” of the pandemic and stay-at-home tailwinds. Also, several Wall Street experts have downgraded WISH following Q2 results, undermining positive sentiment.\nThe above seems to have created a bearish wave. WISH has elevated short interest, at almost 25% of the float. Such high ratio can put short sellers in a vulnerable position: an increase in trading volume coupled with overbidding can force some to close their positions, kickstarting a snowball effect.\nExperts see upside\nLastly, Wall Street currently assigns a consensus price target of $9.06 to Wish stock, signaling impressive 55% upside potential from the current sub-$6 levels. Despite an average neutral rating, even the more skeptical analysts still see gains ahead.\nCredit Suisse’s Stephen Ju reduced his price target from $24 to $19. He adjusted projections lower after ContexLogic missed Q2 revenue and adjusted EBITDA estimates due to lower customer retention and declining usage rates. However, the analyst still sees massive upside potential of nearly 200% ahead.\nCitigroup’s Nicholas Jones is not as bullish. He has a neutral rating on the stock but forecasts $7.50 on the horizon, for 23% upside potential. Q2 earnings were cited as the key reason for a price target reduction. Mr. Jones also attributed poor stock performance to the company’s difficulty in sustaining growth, especially due to higher-than-expected user churn and ad rates.\nOn the bearish side, JPMorgan and Oppenheimer have a sell rating on the stock and $4 to $5 share price target.According to the former, decline in user activity due to the reopening of the economy, alongside Wish’s retention and rising ad costs, are the main concerns.","news_type":1,"symbols_score_info":{"WISH":0.9}},"isVote":1,"tweetType":1,"viewCount":375,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":6,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/858850211"}
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