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Newegg Commerce Inc

Newegg Commerce Inc (NEGG)

0.7292
0.0044
(0.61%)
At close: April 18 4:00PM
0.7292
0.0044
( 0.61% )
After Hours: 6:30PM

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Key stats and details

Current Price
0.7292
Bid
0.72
Ask
0.77
Volume
110,190
0.72 Day's Range 0.75
0.516 52 Week Range 2.15
Market Cap
Previous Close
0.7248
Open
0.7315
Last Trade
36
@
0.72
Last Trade Time
19:05:04
Financial Volume
$ 80,161
VWAP
0.727476
Average Volume (3m)
399,104
Shares Outstanding
377,760,000
Dividend Yield
-
PE Ratio
-4.74
Earnings Per Share (EPS)
-0.15
Revenue
1.72B
Net Profit
-57.43M

About Newegg Commerce Inc

Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally. Newegg Commerce Inc is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.

Sector
Misc Retail Stores, Nec
Industry
Misc Retail Stores, Nec
Website
Headquarters
Road Town, Tortola, Vgb
Founded
1970
Newegg Commerce Inc is listed in the Misc Retail Stores sector of the NASDAQ with ticker NEGG. The last closing price for Newegg Commerce was $0.72. Over the last year, Newegg Commerce shares have traded in a share price range of $ 0.516 to $ 2.15.

Newegg Commerce currently has 377,760,000 shares outstanding. The market capitalization of Newegg Commerce is $271.99 million. Newegg Commerce has a price to earnings ratio (PE ratio) of -4.74.

NEGG Latest News

Advanced Battlestations Introduces AI Desktop PC Portfolio for Users of All Skill Levels to Easily Create with AI

Preloaded with proprietary local AI software, the computers operate without requiring cloud access Available exclusively from Newegg Advanced Battlestations (ABS), a private label desktop PC...

Newegg Makes Tech More Affordable for Students, Faculty and Staff with Affirm Offer

Savings bolstered 10% - and can be combined with other offers - when paying over time with Affirm at checkout Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology...

Intel Desktop Processors from Newegg Power Spring Upgrade Campaign featuring UC Santa Barbara Menโ€™s Basketball Point Guard Ajay Mitchell

Gauchosโ€™ leading scorer highlights companiesโ€™ NIL co-marketing campaign Ajay Mitchell, a point guard for the University of California Santa Barbara (UCSB) menโ€™s basketball team, powers his game...

Newegg Launches New Program from Likewize to Offer Customers Added Protection for Valuable Tech Investments

Customers can now get peace of mind for their purchases from a leading global protection provider Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today...

Newegg Marketplace Gets Sellers on Path to Success at the Prosper Show 2024

Booth #1025 Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today announced it will exhibit for the first time at the...

Newegg Debuts Newegg Refreshed Program to Offer Quality Resale Products at Low Prices

Refurbished Apple products, graphics cards, desktop PC systems and mobile phones included Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today announced...

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
1-0.0765-9.494849199450.80570.850.722245830.76384182CS
4-0.4008-35.46902654871.131.220.723242080.91470236CS
12-0.1077-12.8689210180.83691.220.65013991040.91938736CS
260.05167.615112160570.67762.150.5168592661.13763341CS
52-0.4208-36.59130434781.152.150.5166466301.1513949CS
156-12.8708-94.638235294113.679.070.516115787815.02675383CS
260-12.8708-94.638235294113.679.070.516115787815.02675383CS

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NEGG Discussion

View Posts
glenn1919 glenn1919 4 weeks ago
NEGG...........................https://stockcharts.com/h-sc/ui?s=NEGG&p=W&b=5&g=0&id=p86431144783
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 1 month ago
NEGG: This stock is poised for crypto, nvidia-card growth

Now that several colluding funds have failed to bring home the 'rs' trophy, Newegg is poised to skyrocket well above $10 per share on streamlined financials, advances in machine learning and advanced intelligence in house and to the rapidly-growing consumer base, rare acceptance of bitcoin and other cryptoassets as payment, and amazing Nvidia graphics card revenues due to prices that crypto miners love.

$NEGG
#NEGG
💚 1 🤑 1
SmellMyFinger SmellMyFinger 1 month ago
Time will tell.
๐Ÿ‘๏ธ0
Backstabbed Backstabbed 2 months ago
$NEGG - something big must be coming. Over $1.00 now
๐Ÿ‘๏ธ0
Backstabbed Backstabbed 2 months ago
$NEGG - Hit bottom BB
๐Ÿ‘๏ธ0
Backstabbed Backstabbed 2 months ago
$NEGG - Let's Go
๐Ÿ‘๏ธ0
Backstabbed Backstabbed 2 months ago
$NEGG - looking good and ready to run!
๐Ÿ‘๏ธ0
SmellMyFinger SmellMyFinger 3 months ago
If only they would stop inundating the market with form 144s, this could actually recover.
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 4 months ago
NEGG: Earnings Updates. Bullish! SEE IT:

Earnings:
1. New robots now helping internally ✅
2. Expenditures are reduced ✅
3. The $10 Million Share Buyback has not yet even begun ✅

$NEGG
#NEGG
👍️ 1 💚 1
MoneyMaker111 MoneyMaker111 4 months ago
NEGG: Reports that Newegg could 'squeeze' back to $80

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 4 months ago
GameStop could "buy out Newegg" via stock -Analyst
๐Ÿ‘๏ธ0
Backstabbed Backstabbed 4 months ago
nice looks good
๐Ÿ‘๏ธ0
da_stock_analyst da_stock_analyst 5 months ago
#NEGG 🔥 80% this week! Watch next week for move $NEGG
๐Ÿ‘๏ธ0
SmellMyFinger SmellMyFinger 5 months ago
I tend to agree with that.
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 5 months ago
NEGG: Newegg technicals show "strong uptrend developing"

$NEGG
#NEGG
💙 1 🧡 1
MoneyMaker111 MoneyMaker111 5 months ago
NEGG: Announces $10 Million buyback of shares. LOOK:

According to Newegg's form 6-K filing on the share buybacks, it's $10 Million worth of shares to be purchased.

The float before buybacks was only 19.84 Million shares available on the market...

Today the average price of the stock transacted at around $0.70. Assuming that buybacks hypothetically occur around this price, then 14.3 Million shares would have to be bought, thereby reducing the number of shares available on the market (the float) to around 5 Million shares, or just over $3 Million worth. In that case, it would only require one investor with just over $3 Million to 'lock' $NEGG 's float.

Yet, according to Ortex, Short Interest in Newegg stock was around 1.51 - 1.87 Million shares, with another 1.23 Million shares in short volume on Tuesday, November 13th. So, as of now, there could be over 3 Million shares short. How would these short positions be able to be bought to cover if the shares are nearly bought up? How would these short sellers be able to close their short position if the shares are not available?

$NEGG
#NEGG
💙 1 🧡 1
Dantheoneman Dantheoneman 5 months ago
This one Looks Solid!
👍️ 1
MoneyMaker111 MoneyMaker111 5 months ago
NEGG: $2 Billion revenue annual, yet only $260M cap?

Newegg too is the only online firm, to my knowledge, that has already incorporated Artificial Intelligence into the shopping experience.

What's wrong with this picture? I like discounts, which means I like Newegg.

$NEGG
#NEGG
💙 1 🧡 1
Extremist223 Extremist223 6 months ago
This stock is firesale price rn. Just bought at 83.9 holding until green
๐Ÿ‘๏ธ0
SmellMyFinger SmellMyFinger 6 months ago
This could use another NVIDIA surge.
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 6 months ago
Newegg Introduces Graphics Card Trade-In Program

https://www.businesswire.com/news/home/20230926386865/en/

$NEGG
#NEGG
👍️ 1
Monksdream Monksdream 7 months ago
NEGG new 52 week low
๐Ÿ‘๏ธ0
Monksdream Monksdream 7 months ago
NEGG new 52 week low
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 8 months ago
NEGG: Newegg Price consolidated above $1. Now Discounted.

$NEGG
#NEGG
👍️ 1
SmellMyFinger SmellMyFinger 8 months ago
Is Chang still banging out those Form 144s?
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Newegg is the 'Nest-Egg'-maker stock: Safe&Investable

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Quick shot to $6.00 is not out-of-the-question...

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Leads the way in implementing AI for e-commerce

โ€œAs a leader in implementing AI for e-commerce, Newegg continues to integrate AI into our services, including new entry points for users. We saw a great opportunity to create a ChatGPT plugin to enable subscribers to assemble parts for their dream machine directly within the GPT-4 platformโ€
-Lucy Huo, Vice President of Application Development for Newegg


โ€œOur programmers are investing hundreds of hours weekly on AI-related projects for our platforms including a new AI shopping experience. In addition, we also see opportunities to utilize non-Newegg AI platforms to connect with users wherever they are.โ€


https://www.businesswire.com/news/home/20230725960800/en/

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: New Newegg Artificial Intelligence ShopGPT

https://finance.yahoo.com/news/newegg-launches-first-computer-shopping-125500193.html

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: We like the stock. SEE IT:



$NEGG
#NEGG
👍️ 1
ghosttrader13 ghosttrader13 9 months ago
Oh stop it already
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: $1.50. Then $2.00. Then $3.00. "Very-Soon"

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG Uses AI for New Online Shopping Experience..SEE-IT:

https://finance.yahoo.com/news/newegg-uses-ai-build-online-122000354.html

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: $2 Billion in routine sales per annum. Efficient.

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: This discount to value is nontrivial. It's substantial.

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Newfound bull trend is now-confirmed by successful retrace

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: I added more on this short term Fibonacci-retrace

$NEGG
#NEGG
👍️ 1
ghosttrader13 ghosttrader13 9 months ago
Oh it does take money to make money... but if it takes more then ya make someones going to get burned and its usually shareholders
๐Ÿ‘๏ธ0
ghosttrader13 ghosttrader13 9 months ago
Hey i do hope you're right but lets see if we can get up to 2 bucks before we start really cheering
👍️ 1
Dantheoneman Dantheoneman 9 months ago
Reason why we are Trading under $2 is it was heavily Shorted here. You know what that means?? Squeezeโ€ฆ.. Mix that with Fundamentals & Technicals. Boom
👍️ 1
Dantheoneman Dantheoneman 9 months ago
At Ghosttrader takes money to make money in any Business. Difference here is they are Making Revenue unlike a lot of other tickers trading 10x higher with Bloated Floats and No Revenue. This Low Float, A1 Tech, Revenue. This will be Trading Double Digits soon. IMO
๐Ÿ‘๏ธ0
ghosttrader13 ghosttrader13 9 months ago
From what i understand it takes them over 1 billion to generate that revenue... could be the reason we're down here not seeing 70$ in the near future IMO
๐Ÿ‘๏ธ0
Dantheoneman Dantheoneman 9 months ago
Float under 25 Mil and almost 2 Bill In Revenue. Enough said! Sleeping Monster going back to $70 PPS
๐Ÿ‘๏ธ0
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Newegg now using Machine Learning [Artificial Intelligence] to make transactions more relevant to each shopper.
"As an ecommerce company focused on innovation, we know how important it is to be at the forefront of technology that enhances the customer experience," said Jeff Lin, Senior Director of Business Intelligence for Newegg.
This allows expenditures to be reduced and profits-per-sale maximized, at both the individual consumer level and inventory regimes, in order to provide value to shareholders.

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Price is currently discounted to cheaper than $2?!

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: I don't see how $50.00/share would be out-of-the-question...

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Some invested at $70.00/share on strong revenues

$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: 1,772.12% jump in short-volume shows shorts-r-fked: SEE-IT:



$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Statistics reveal a likely 500% jump. SEE-IT:



$NEGG
#NEGG
👍️ 1
MoneyMaker111 MoneyMaker111 9 months ago
NEGG: Price was $79.07(per-share) at this time 2years ago
👍️ 1

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