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Rosen Law Firm Encourages Newegg Commerce, Inc. Investors to Inquire About Securities Class Action Investigation – NEGG
Businesswire· 2026-02-01 19:00
Core Viewpoint - Rosen Law Firm is investigating potential securities claims on behalf of shareholders of Newegg Commerce, Inc. due to allegations of materially misleading business information issued by Newegg to the investing public [1] Company Summary - Newegg Commerce, Inc. (NASDAQ: NEGG) is facing scrutiny regarding the accuracy of its business information provided to investors [1] - Shareholders who purchased Newegg securities may be entitled to compensation through a contingency fee arrangement, which does not require any out-of-pocket fees or costs [1]
NEGG Investors Have Opportunity to Join Newegg Commerce, Inc. Fraud Investigation with the Schall Law Firm
Globenewswire· 2026-01-28 14:30
Core Viewpoint - The Schall Law Firm is investigating Newegg Commerce, Inc. for potential violations of securities laws following the detention of its chairman, which led to a significant drop in share price [1][2]. Group 1: Investigation Details - The investigation focuses on whether Newegg issued false or misleading statements and failed to disclose important information to investors [2]. - Newegg's chairman and controlling shareholder, He Zhitao, was detained and placed under investigation, which was disclosed on January 21, 2026 [2]. Group 2: Market Reaction - Following the news of the chairman's detention, Newegg's shares fell by 17.7% on the same day [2].
Newegg Commerce, Inc. Investigated by the Portnoy Law Firm
Globenewswire· 2026-01-23 16:08
Core Viewpoint - Newegg Commerce, Inc. is under investigation for possible securities fraud following the detention of its controlling shareholder and chairman, He Zhitao, which has led to a significant drop in the company's stock price [3]. Group 1: Investigation and Legal Actions - The Portnoy Law Firm has initiated an investigation into Newegg for potential securities fraud and may file a class action on behalf of investors [1]. - Investors are encouraged to contact the Portnoy Law Firm to discuss their legal rights and options for pursuing claims to recover losses [2]. Group 2: Impact on Stock Price - Following the announcement of He Zhitao's investigation and detention, Newegg's stock price fell by $9.79, or 17.7%, closing at $45.53 per share on January 21, 2026, resulting in financial harm to investors [3].
INVESTOR ALERT: Investigation of Newegg Commerce, Inc. (NEGG) by Holzer & Holzer, LLC
Globenewswire· 2026-01-23 15:31
Core Insights - Holzer & Holzer, LLC is investigating Newegg Commerce, Inc. for potential compliance issues with federal securities laws following the announcement of an investigation into the company's chairman, He Zhitao, who has been detained [1] Company Summary - Newegg disclosed on January 20, 2026, that it received a notice regarding the investigation and detention of its chairman and largest stockholder, He Zhitao [1] - The announcement led to a decline in Newegg's stock price [1] Legal Context - Shareholders who purchased Newegg stock and experienced losses are encouraged to contact Holzer & Holzer for legal assistance regarding their rights [2] - Holzer & Holzer, LLC is recognized for its representation of shareholders and has a history of recovering significant amounts for investors affected by corporate misconduct [3]
Securities Fraud Investigation Into Newegg Commerce, Inc. (NEGG) Announced – Shareholders Who Lost Money Urged To Contact Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm
Businesswire· 2026-01-22 18:33
Core Viewpoint - Glancy Prongay & Murray LLP has initiated an investigation into Newegg Commerce, Inc. regarding potential violations of federal securities laws affecting investors [1] Group 1 - The investigation is on behalf of Newegg investors who may have incurred financial losses [1] - The law firm is encouraging affected investors to inquire about pursuing claims to recover their losses [1]
Securities Fraud Investigation Into Newegg Commerce, Inc. (NEGG) Announced – Shareholders Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Businesswire· 2026-01-22 01:04
LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Newegg Commerce, Inc. ("Newegg" or the Company") (NASDAQ: NEGG) on behalf of investors concerning the Company's possible violations of federal securities laws. The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Call us at: 310-914-5007 Email us at: info@frankcruzlaw.com Visit our website at: www.frankcruzlaw.com. Follow us for updates on Twitter at twitter.com/FRC_L ...
新蛋上涨3.23%,报64.0美元/股,总市值13.42亿美元
Jin Rong Jie· 2025-12-15 15:15
Group 1 - The core viewpoint of the article highlights Newegg's stock performance and financial results, indicating a mixed outlook for the company [1] - On December 15, Newegg's stock opened at $64.00 per share, up 3.23%, with a total market capitalization of $1.342 billion [1] - Newegg's total revenue for the year ending December 31, 2024, is projected to be $1.236 billion, reflecting a year-over-year decrease of 17.46% [1] - The company reported a net loss attributable to shareholders of $43.328 million, which represents a year-over-year increase of 26.55% [1] Group 2 - Newegg Commerce, Inc., formerly known as Lianluo Smart Limited, is a leading e-commerce company based in Industry, California [1] - The company specializes in direct sales and online marketplace platforms for IT computer components, consumer electronics, entertainment, smart home, and gaming products [1] - Newegg also provides certain third-party logistics services globally [1]
Newegg Commerce: Fundamentals Do Not Justify The Valuation, Sell (NASDAQ:NEGG)
Seeking Alpha· 2025-11-28 08:33
Core Insights - Newegg Commerce, Inc. (NEGG) has experienced a significant increase in its share price over the past year, despite ongoing challenges in its financial situation, indicating its status as a meme stock [1]. Company Summary - The company has shown a remarkable turnaround in share price, which contrasts with its financial performance [1]. - Newegg is categorized as a meme stock, suggesting that its price movements may be driven more by social media trends and retail investor sentiment rather than fundamental financial metrics [1]. Investment Perspective - The article reflects a long-term investment strategy, emphasizing a portfolio that includes a mix of growth, value, and dividend-paying stocks, with a particular focus on value investing [1]. - The author mentions a preference for simplicity in investing, indicating a strategy that may appeal to investors looking for straightforward investment approaches [1].
新蛋智能ERP SellingPilot 赋能数字贸易跨境电商产业对接会
Sou Hu Cai Jing· 2025-11-25 03:02
Core Insights - The event "Digital Trade and Cross-Border E-commerce Industry Matching" was successfully held in Wuhan, focusing on empowering enterprises for overseas expansion through digital intelligence [1][3] - The event attracted over 30 global cross-border e-commerce platforms and service providers, along with more than 200 participating enterprises, resulting in the establishment of over 10 cooperation projects in the digital trade and cross-border e-commerce industry chain [1][3] Industry Developments - The 20th Central Committee's Fourth Plenary Session emphasized accelerating the construction of a strong trade nation and innovating the development of digital trade, supporting the growth of new business models like cross-border e-commerce [3] - The event aimed to implement the central government's decisions on innovating digital trade and to explore new practices for industry innovation driven by digital intelligence [3] Company Initiatives - Wuhan's cross-border e-commerce association, in collaboration with major platforms like Amazon, Walmart, Alibaba, and eBay, launched the "Cross-Border E-commerce Action to Assist Industry Going Global" to enhance resource integration and build a comprehensive cross-border e-commerce service system [5] - The first "Cross-Border Going Global Benchmark Enterprises" list was released, featuring 14 companies from Wuhan recognized for their product quality and supply chain capabilities [5] Technology and Tools - Newegg's global CEO highlighted the company's focus on addressing common barriers in cross-border trade, such as regulatory differences and multi-language marketing challenges, through technology-driven solutions [7] - Newegg's SellingPilot, an AI-driven ERP tool, has shown significant results, with contract value growth for Chinese sellers exceeding 50% in 2025, validating the effectiveness of their strategic direction [7][10] - SellingPilot offers five core advantages, including deep integration with major platforms, AI-driven market analysis, logistics visibility, multi-language customer support, and competitive data analysis tools [8][10] Market Impact - SellingPilot has attracted users from over 60 countries, with more than 50% of users from China, covering various core categories such as electronics and apparel [10] - The tool has streamlined operations for sellers, reducing the need for large teams and improving operational accuracy [10] - The digital transformation in cross-border e-commerce is accelerating, with expectations for Newegg's SellingPilot to help more Chinese manufacturers build global brands [12]
Pharma Bro Martin Shkreli Confirms Shorting Opendoor, Plans Public Due Diligence Campaign Into The Firm: 'I Shorted $OPEN' - Opendoor Technologies (NASDAQ:OPEN)
Benzinga· 2025-09-17 07:40
Core Viewpoint - Martin Shkreli, known as 'Pharma Bro,' has taken a short position against Opendoor Technologies Inc. at a price of $9.36 and plans to conduct a public due diligence campaign on the company [1][2][3]. Group 1: Shkreli's Actions and Intentions - Shkreli's short position marks his first trade in Opendoor, and he intends to conduct diligence calls with various stakeholders, including former employees and competitors [2][3]. - He has publicly labeled Opendoor as "an obvious short" and has warned investors against holding long positions in the stock [4]. - Shkreli draws parallels between Opendoor and his previous successful short call against Newegg Commerce Inc., suggesting he anticipates a similar decline for Opendoor [4][5]. Group 2: Market Context and Reactions - Opendoor's stock has seen significant volatility, having risen over 1,000% from its 52-week lows, which has led to its classification as a "meme stock" [5]. - On the day of Shkreli's announcement, Opendoor's stock fell 6.06% to $8.92 per share, although it has advanced 461.01% year-to-date [7]. - Other short-sellers, such as Andrew Left of Citron Research, have also expressed bearish views on Opendoor, describing it as "a science project in how to burn money" [5].