NasdaqCM:NEGGSpecialty Retail
Is Newegg Commerce (NEGG) Pricing Make Sense After Its Strong Recent Share Price Surge
If you are wondering whether Newegg Commerce's share price still reflects its fundamentals or if the market has run ahead of itself, you are in the right place.
The stock closed at US$56.38, with returns of 13.5% over the past week, 13.9% over the past month, 7.8% year to date and a very large gain over the last year.
Recent attention on Newegg Commerce has been driven by its positioning as an online tech focused retailer and ongoing interest in e commerce names. This can quickly change how...