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Newegg Commerce Inc - NEGG STOCK NEWS

Welcome to our dedicated news page for Newegg Commerce (Ticker: NEGG), a resource for investors and traders seeking the latest updates and insights on Newegg Commerce.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Newegg Commerce's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Newegg Commerce's position in the market.

Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) announces fiscal year 2023 results and fiscal year 2024 guidance, highlighting new product launches, marketplace expansion, AI PC product line, and refurbished products. CEO Anthony Chow expresses optimism despite challenges, anticipating growth in AI-driven computing performance and consumer demand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.5%
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Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) has launched Newegg+, a free customer membership program offering benefits such as free shipping, first access to new products, and exclusive deals. Members can enjoy priority services, including free shipping on millions of products, early access to new product launches, and exclusive member-only deals. Newegg+ aims to enhance the shopping experience by providing VIP-style benefits to its members. The program is designed to cater to customer needs and expectations, offering a cost-free and easy enrollment process.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.26%
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Rhea-AI Summary
Advanced Battlestations, a desktop PC business of Newegg Commerce, introduces a new portfolio of AI-enabled high-end desktop PC systems exclusively available on Newegg.com. The ABS AI PC systems are designed for AI performance, preloaded with proprietary local AI software, and do not require cloud access. Users can create using AI with a suite of tools provided, including the ability to generate images from text or edit photos.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.31%
Tags
AI
Rhea-AI Summary
Newegg Commerce, Inc. (NEGG) introduces a 10% discount for students, faculty, and staff using Affirm at checkout. The offer can be combined with other deals, applied on orders over $100, and used multiple times with an .edu email address.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
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none
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Rhea-AI Summary
University of California Santa Barbara's basketball player, Ajay Mitchell, partners with Newegg and Intel in a NIL co-marketing campaign to promote Intel Core 14th Gen processors for improved computer performance during March college basketball tournaments.
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End-of-Day
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Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) introduces a new protection program from Likewize to offer customers peace of mind for eligible products sold on Newegg.com and the Newegg shopping app.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
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none
Rhea-AI Summary
Newegg Marketplace, a division of Newegg Commerce, Inc. (NASDAQ: NEGG), will exhibit at the Prosper Show 2024 in Las Vegas, showcasing its premier platform for sellers to reach tech-savvy customers and highlighting key marketplace offerings like Newegg Media and Sponsored Product Ads.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.61%
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Rhea-AI Summary
Newegg Commerce, Inc. (NEGG) launches Newegg Refreshed, a refurbishment program offering pre-owned tech products at competitive prices. The program includes Apple products, graphics cards, desktop PC systems, and mobile phones. Customers can trade in unwanted PC hardware and find refurbished products on Newegg.com and the Newegg app. The program is backed by the Newegg Refreshed Guarantee, allowing for returns within 90 days. Newegg is also offering a Zip promotion for 15% off Apple refurbished products through Feb. 28.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
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Rhea-AI Summary
Newegg Commerce, Inc. (NEGG) to Showcase E-commerce Acumen at CES 2024, Join TikTok Shop Event
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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News
Rhea-AI Summary
Newegg Commerce, Inc. (NASDAQ: NEGG) announced its nine-month results and revised guidance for 2023. Despite lower-than-expected results due to macroeconomic conditions and declining consumer demand, the company is launching new initiatives and focusing on streamlining operations. The company also announced a $10.0 million share repurchase program. However, the financial highlights show a decrease in net sales, GMV, gross profit, and an increased net loss and adjusted EBITDA.
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End-of-Day
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Newegg Commerce Inc

Nasdaq:NEGG

NEGG Rankings

NEGG Stock Data

304.86M
28.02M
92.72%
0.46%
0.29%
Surgical and Medical Instrument Manufacturing
Manufacturing
Link
China (Mainland)
Hangzhou

About NEGG

newegg inc. is the leading tech-focused e-retailer in north america, with a global reach in europe, south america, asia pacific and the middle east. founded in 2001, the company offers its tens of millions of registered users a comprehensive selection of the latest consumer electronics, entertainment, smart home, gaming products, and much more! newegg is consistently ranked as one of the best online shopping destinations, and the company regularly earns industry-leading customer service ratings. newegg is headquartered in city of industry, california, with north american distribution facilities located throughout the united states and canada. interested in selling on newegg.com? we offer robust fulfillment and marketing services to our marketplace vendors. learn more: newegg.io/sellers