Contextlogic Inc (WISH)

[faceoff]

ok you need to look at Market cap not just price (different amount of shares outstanding will drastically change share price).

So $SHOP has a market cap of about 192 billion

$WISH has a Market cap of 6 billion.


Market cap = Multiply the number of outstanding shares times the share price.

Wish - 505,000,000 x 11.89 = about 6 billion

now to find out the share price if our Market cap was in line with SHOP

divide the market cap by the number of shares.

192 billion divided by 505m = a share price of $380 per share

I used shop because their revenue matches our however they only have 113m shares outstanding and wish has 500m.

Still $380 price per share is not bad.