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Motley Fool
Where Will Wish Be in 5 Years?
Wish’s stock tumbled as its monthly active users (MAUs) declined, its revenue growth decelerated, and it continued to bleed red ink. Its logistics and quality control issues, the abrupt resignation of its founder and CEO Piotr Szulczewski, regulatory headwinds in France, and insider sales exacerbated that sell-off.
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