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Newegg's heavy reliance on deep discounts raises concerns about already thin margins. Read why I maintain a sell rating, ...
Shares of Newegg Commerce Inc. (NASDAQ: NEGG) are trading higher Wednesday amid the company's annual FantasTech Sale.
Newegg is a great company at the end of the day, but its stock is still overvalued. Even after the sell-off that followed its surge this month, it's still trading at more than triple the price it ...
The overall semiconductor sector has been on an upward trend in recent weeks, and Intel stock, which is still down around 32% ...
Driven by pandemic-related interest in everything e-commerce and gaming/technology-related, the firm saw a surge in interest around both its platform as well as NEGG stock.
That said, Tuesday's nearly 42% surge in the stock was significantly overdone, in my view.
Newegg Commerce (NASDAQ:NEGG) rallied to its highest level in more than nine months with a 26% surge in Monday afternoon trading. Volume on Newgg (NASDAQ:NEGG) was 50% higher than daily activity, with ...
Newegg Commerce (NASDAQ:NEGG) stock surged to a triple-digit gain on Friday. The doubling of the stock in just a day comes as trading volume spikes to off-the-charts levels. About an hour prior to ...
What happened Newegg Commerce (NEGG -10.17%) stock underperformed a rising market this week. The e-commerce specialist's stock had fallen 18% through Thursday trading, according to data provided ...
July was a volatile month for Newegg Commerce Inc.’s stock. The City of Industry-based electronics retailer went public in May via a reverse merger with a publicly traded sister company, Lianluo ...
Newegg is a great company at the end of the day, but its stock is still overvalued. Even after the sell-off that followed its surge this month, it's still trading at more than triple the price it ...