Tag: e-commerce

  • ContextLogic jumps 22% as Redditors highlight it as a meme-stock play for the week

    ContextLogic jumps 22% as Redditors highlight it as a meme-stock play for the week

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    Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images Mateusz Slodkowski/SOPA Images/LightRocket/Getty Images ContextLogic, the e-commerce company that conducts the Wish platform, rallied 22 percent Monday. The company was the top-hyped stock on Reddit investing threads such as Wall Street Bets. "Wish is that the play week," said one Redditor. See more information on Insider's business page. Shares of ContextLogic…

  • A ‘more honest’ stock market

    A ‘more honest’ stock market

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    Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple…

  • Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in

    Opera and the firm short-selling its stock (alleging Africa fintech abuses) weigh in

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    Internet services firm Opera has arrived under a short-sell attack according to allegations of predatory lending practices with its fintech goods in Africa. Hindenburg Research issued a report claiming (among other matters ) that Opera’s finance goods in Nigeria and Kenya have run afoul of sensible consumer clinics and Google Play Store guidelines for financing…