| Newegg: GMV Declines And A Major Lack Of Clarity |
Shares of Newegg Commerce, Inc. have enjoyed a sharp phantom rally after the stock's 20:1 reverse split, keeping it within NASDAQ listing requirements. The electronics e-commerce retailer, a niche favorite among tech-savvy buyers, issued poor Q4 results, showcasing double-digit declines in revenue and GMV. The company declined to provide any outlook for FY25, a likely signal that it's expecting bad news in a tough macro environment. |
seekingalpha.com |
2025-05-15 18:00:34 |
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| New AMD EPYC 4005 Series Server CPUs Now Available Exclusively at Newegg for North American Retail Launch |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #amd--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company”), a global leader in e-commerce for computer and technology products, today announced that the new AMD EPYC™ 4005 Series processors are available as a North America retail launch exclusive through both Newegg and Newegg Business. The new processors are advanced, server-validated, and energy-efficient CPUs built for low-cost, easy-to-deploy systems tailored to growing businesses. In addition to the North Am. |
businesswire.com |
2025-05-13 13:00:00 |
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| Newegg Announces Fiscal Year 2024 Results |
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global technology e-commerce retailer, today announced results for the fiscal year ended December 31, 2024. Newegg Chief Executive Officer Anthony Chow announced, “2024 was a year defined by operational discipline and strategic focus. Throughout the year, we executed a broad range of SG&A reduction initiatives, including warehouse consolidation, subleasing unused property, and aligning our workforce to mat. |
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2025-04-28 12:00:00 |
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| Newegg Regains Compliance with Nasdaq Minimum Bid Price Requirement |
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company” or “Newegg”) today announced that it has received a notification letter (the “Notification Letter”) from the Listing Qualifications Department of The Nasdaq Capital Market notifying the Company that it had regained compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) (the “Nasdaq Minimum Bid Price Requirement”). The Notification Letter confirmed that the Company. |
businesswire.com |
2025-04-23 12:00:00 |
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| Newegg Confirms Effective Date of Share Combination |
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company”), a global leader in e-commerce for technology products, today announced that the twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares will become effective on April 7, 2025 upon the filing of the Amended and Restated Memorandum and Articles of Association with the Registry of Corporate Affairs in the British Virgin Islands, which will result in a proportiona. |
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2025-04-03 12:00:00 |
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| Newegg Kicks Off Biggest Sale of the Quarter |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #computers--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, today launched its biggest promotion of the quarter: the Super Spring Sale. Starting now, customers can enjoy massive savings on hundreds of deals across gaming desktops, laptops, storage, surveillance, software, home appliances, and more. Shop the sale here. “We're kicking off the season with our biggest savings of 2025 so far,” said Katie Lau, Director of Corporat. |
businesswire.com |
2025-03-25 10:00:00 |
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| Newegg Announces Upcoming Share Combination |
DIAMOND BAR, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company”), a global leader in e-commerce for technology products, today announced that its board of directors approved a twenty-to-one share combination (commonly referred to as a reverse stock split) of its common shares. The share combination was also approved by the controlling shareholders of the Company by written consent. The Company expects the share combination to become effective on or around April 7, 2025. |
businesswire.com |
2025-03-14 10:00:00 |
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| Newegg Launches the World's Most Advanced Gaming CPU: The AMD Ryzen 9 9950X3D |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $amd #9900x3d--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, is excited to announce the launch of the highly anticipated AMD Ryzen 9 9950X3D and AMD Ryzen 9 9900X3D processors. Available now. AMD Ryzen™ 9 9950X3D and 9900X3D Pricing AMD Ryzen 9 9950X3D - $699.99 AMD Ryzen 9 9900X3D - $599.99 The AMD Ryzen™ 9 9950X3D and 9900X3D processors are the world's most advanced gaming desktop processors, equipped with 2nd generation AM. |
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2025-03-12 11:00:00 |
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| KingSpec Honored as Newegg's “2025 Partner of the Year” |
SHENZHEN, China, Feb. 24, 2025 (GLOBE NEWSWIRE) -- Shenzhen KingSpec Electronics Technology Co., Ltd. (KingSpec) has been awarded the prestigious “EGGIE AWARD - 2025 Partner of the Year” by Newegg. |
globenewswire.com |
2025-02-24 02:21:00 |
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| Newegg Launches New NVIDIA RTX 5070 Ti GPUs and ABS Gaming PCs |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #aorus--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, is thrilled to announce the availability of the highly anticipated NVIDIA GeForce RTX 5070 Ti GPUs. The RTX 5070 Ti builds off the incredible success of NVIDIA's RTX 5080 and RTX 5090 GPUs that launched in January with unprecedented demand. The new NVIDIA RTX 5070 Ti will allow gamers, content creators, and PC enthusiasts to achieve amazing performance through the n. |
businesswire.com |
2025-02-20 10:01:00 |
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| Newegg Sells Out of NVIDIA RTX 50 Series GPUs in Record Time |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #50series--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, experienced an overwhelming response to the highly anticipated launch of the NVIDIA GeForce RTX 50 Series GPUs, with inventory selling out within minutes. Gaming enthusiasts, content creators, system integrators, and PC builders rushed to secure the first batch of the latest AI-powered graphics technology, driving demand to unprecedented levels and cementing the RTX. |
businesswire.com |
2025-01-31 09:01:00 |
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| Newegg lists NVIDIA RTX 50 Series GPUs and Exclusive ABS Gaming PCs |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #abs--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in e-commerce for technology products, is thrilled to announce the availability of the highly anticipated NVIDIA GeForce RTX 50 Series GPUs as well as new ABS gaming PCs equipped with the NVIDIA RTX 5090 and RTX 5080 GPUs. Gamers, content creators and PC enthusiasts will soon be able to purchase the latest in high-performance graphics technology directly from Newegg. NVIDIA 50 Series cards and systems ar. |
businesswire.com |
2025-01-23 10:31:00 |
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| Newegg Announces FantasTech II Sale with Thousands of Deals |
DIAMOND BAR, Calif.--(BUSINESS WIRE)---- $negg #computers--Newegg Commerce, Inc. (NASDAQ: NEGG), a global leader in computer and technology products, is excited to announce its upcoming FantasTech II Sale, running from October 7 through October 11. The highly anticipated sale event promises deep discounts on a wide selection of tech products, ranging from the latest laptops, computer components, gaming accessories, and smart home devices, to its home line of ABS Gaming Desktops, which are assembled by Newegg. Thous. |
businesswire.com |
2024-10-04 12:31:00 |
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| Newegg Announces First Half 2024 Results |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ:NEGG) (the “Company” or “Newegg”), a leading global technology e-commerce retailer, today announced results for the six months ended June 30, 2024. Newegg Chief Executive Officer Anthony Chow stated, “As expected, the first half of the year saw a slowdown in computer hardware sales due to ongoing macroeconomic challenges and a shortage of new product launches. However, we anticipate a rebound in sales during the second hal. |
businesswire.com |
2024-08-29 01:44:00 |
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| Newegg Adds CPU Trade-In and PC Trade-In Programs |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $negg #amd--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced that its CPU Trade-In program is now live on Newegg.com. As the latest addition to the GPU Trade-In program launched last year, Newegg's CPU Trade-In program enables customers to trade their used CPUs in exchange for credit toward an entirely new CPU from Newegg. About the CPU Trade-In Program A CPU, often referr. |
businesswire.com |
2024-07-31 12:31:00 |
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| Newegg Announces First-Ever Newegg+ Week |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, is excited to announce its first-ever Newegg+ Week, an exclusive online savings event for Newegg+ members. The event will run from June 17-23, offering registered members exceptional deals on a wide variety of products. Newegg+ Week is designed to reward members of Newegg's free customer membership program exclusive savings duri. |
businesswire.com |
2024-06-14 12:31:00 |
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| Newegg Marketplace to Exhibit at Mobile Disrupt 2024 in Las Vegas |
LAS VEGAS--(BUSINESS WIRE)---- $NEGG #mobiledisrupt--Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced its participation in Mobile Disrupt, taking place June 18-19, at The Bellagio in Las Vegas. Mobile Disrupt, known for its focus on the secondary phone market, presents an opportunity for Newegg Marketplace to expand its repurposed mobile phone inventory, a category that the company has prioriti. |
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2024-06-12 13:05:00 |
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| Newegg Marketplace to Exhibit at Retail Innovation Conference and Expo 2024 |
CHICAGO--(BUSINESS WIRE)---- $NEGG #RICE24--Newegg Marketplace will exhibit at the Retail Innovation Conference and Expo 2024, June 5-6, Chicago, to connect with marketplace sellers. |
businesswire.com |
2024-06-03 12:55:00 |
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| Newegg Announces New SaaS Multichannel Marketplace Management Solution -- SellingPilot |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #marketplace--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced the launch of SellingPilot, a new SaaS platform designed to revolutionize multichannel marketplace management for sellers. Developed by a team of e-commerce and software development experts, SellingPilot aims to eliminate some of the barriers sellers face when listing and selling on popular online marketplaces. S. |
businesswire.com |
2024-06-03 11:05:00 |
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| Newegg to Showcase ABS AI-Enabled PCs and SellingPilot Marketplace SaaS Platform with Largest-Ever Presence at COMPUTEX 2024 |
TAIPEI, Taiwan--(BUSINESS WIRE)---- $NEGG #computex--Newegg will exhibit with its largest-ever presence at COMPUTEX 2024, June 4-7, at Taipei Nangang Exhibition Center, Hall 1, 4F, Booth #N0602. |
businesswire.com |
2024-05-29 07:35:00 |
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| Newegg Rolls Out Tech Deals for Father's Day |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #fathersday--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced the launch of its Father's Day Sale, beginning today and running through June 3, to help families get an early start on gift shopping for the big holiday. Newegg's Father's Day Sale ensures that shoppers can find the ideal gift to suit any taste or budget. The Father's Day Sale at Newegg is designed to cater to t. |
businesswire.com |
2024-05-28 12:20:00 |
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| Newegg Hosts Second Annual PC Builder Competition Challenging Contestants to Build the Ultimate Desktop PC System |
TAIPEI, Taiwan--(BUSINESS WIRE)---- $NEGG #computex2024--Newegg's second PC Builder Competition will take place at COMPUTEX 2024, challenging contestants to create the ultimate desktop PC system. |
businesswire.com |
2024-05-28 08:25:00 |
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| New AMD EPYC 4004 Series Processors Available as North America Retail Launch Exclusive from Newegg and Newegg Business |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $AMD #AMD--Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced that the new AMD EPYC™ 4004 Series Processors are available for preorder as a North America retail launch exclusive through both Newegg and Newegg Business. Newegg and Newegg Business are offering five SKUs of the AMD EPYC 4004 processors for preorder. In addition to the North America retail launch exclusive, New. |
businesswire.com |
2024-05-21 13:01:00 |
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| Newegg Kicks Off Summer of Savings with Early Access to Memorial Day Sale |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #memorialdaysale--Memorial Day Weekend is considered the unofficial start of summer with expectations set for outdoor barbecuing, poolside lounging and traveling to sunny locales. Newegg Commerce, Inc. (NASDAQ: NEGG), a leading global e-commerce company specializing in computers and consumer electronics, today announced that its Memorial Day Sale offers memorable deals on the most in-demand tech products. The sale has begun and runs through May 27. Newegg's Memorial Day. |
businesswire.com |
2024-05-21 12:00:00 |
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| Li Auto Posts Weak Q1 Results, Joins ATRenew And Other Big Stocks Moving Lower In Monday's Pre-Market Session |
U.S. stock futures were slightly higher this morning, with the Nasdaq futures gaining around 0.2% on Monday. Shares of . Li Auto posted adjusted EPS of RMB0.60 missing market estimates of RMB2.50. The company's quarterly sales came in at RMB25.634 billion missing expectations of RMB26.729 billion, according to data from Benzinga Pro. Li Auto shares fell 4.4% to $23.80 in pre-market trading. Here are some big stocks recording losses in today's pre-market trading session. Super Hi International Holding HDL-3.81%+ Free Alerts shares dropped 7.6% to $20.60 in pre-market trading after gaining 14% on Friday. DouYu International Holdings Limited DOYU-5.82%Get Free Report shares declined 5.9% to $10.20 in pre-market trading. Edible Garden recently posted weak quarterly results. ATRenew Inc. RERE shares fell 5.3% to $2.68 in pre-market trading after reporting weak quarterly earnings. Newegg Commerce Inc NEGG+2.91%Get Free Report shares declined 3.9% to $0.99 in pre-market trading after dipping 8% on Friday. YETI Holdings, Inc. YETI-3.80%Get Free Report shares slipped 3.8% to $38.00 in pre-market trading. YETI recently posted better-than-expected first-quarter financial results. Applied Digital Corporation APLD+1.21%Get Free Report shares slipped 2.2% to $4.05 in pre-market trading after surging 13% on Friday. Now Read This: Investor Optimism Improves, Dow Settles Above 40,000 |
https://www.benzinga.com |
2024-05-20 10:43:28 |
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| Newegg Receives Nasdaq Notification Regarding Minimum Bid Requirements |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--On May 8, 2024, Newegg Commerce, Inc. (NASDAQ: NEGG) (the “Company” or “Newegg”) received a letter from the Listing Qualifications Department of The Nasdaq Capital Market (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's common shares was below the minimum of $1.00 per share for a period of 30 conse. |
businesswire.com |
2024-05-10 20:30:00 |
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| Newegg Marketplace Doubles Down on Seller Success at White Label World Expo 2024 |
LAS VEGAS--(BUSINESS WIRE)---- $NEGG #newegg--Newegg Marketplace will exhibit at the White Label World Expo in Las Vegas, May 8-9, 2024, to discuss incentives for new sellers. |
businesswire.com |
2024-05-06 12:35:00 |
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| PC Gaming Week 2024 Downloads to Newegg |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg is launching PC Gaming Week 2024, a two-week sale offering deals on everything gamers need to gear up. |
businesswire.com |
2024-04-29 12:05:00 |
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| Newegg Announces Fiscal Year 2023 Results and Fiscal Year 2024 Guidance |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #newegg--Newegg Commerce Inc. announced results for the fiscal year ended December 31, 2023 and guidance for the fiscal year ending December 31, 2024. |
businesswire.com |
2024-04-24 13:00:00 |
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| Newegg Launches Newegg+, a Free Future-Focused Customer Membership Program |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #membershipprogram--Newegg+ is a free customer membership program from Newegg that offers benefits like free shipping, exclusive deals and first access to new products. |
businesswire.com |
2024-04-23 12:30:00 |
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| Advanced Battlestations Introduces AI Desktop PC Portfolio for Users of All Skill Levels to Easily Create with AI |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #abs--Advanced Battlestations (ABS), a private label desktop PC business of Newegg Commerce, Inc. (NASDAQ: NEGG), today announced a new portfolio of powerful AI-enabled high-end desktop PC systems is now available exclusively through Newegg.com and the Newegg app. ABS AI PC systems are the first from ABS specifically built for AI performance. As AI continues to be a dominant, rapidly expanding technology worldwide, ABS recognized the growing need for compute. |
businesswire.com |
2024-04-16 12:20:00 |
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| Newegg Launches New Program from Likewize to Offer Customers Added Protection for Valuable Tech Investments |
CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)---- $NEGG #likewize--Newegg Commerce, Inc. (NASDAQ: NEGG), a global e-commerce leader for technology products, today announced that a new protection program from Likewize is now available to offer customers additional peace of mind for eligible products sold by Newegg. Developed specifically with Newegg customers in mind, the new program from Likewize is available for most products sold through Newegg.com and the Newegg shopping app. When a customer adds an eligible produc. |
businesswire.com |
2024-03-06 10:10:00 |
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