What a cheap bargain! $1.17 Good god! Tax season selling is over!
Could happen. Last major spike was 7/2021.
Something drove the price down. That's for sure.
True. Pendulum swings both ways.
Negg $3.46” looks good buying some here
10-11 range until 60$ comes again
You need a GPU??? I've been lucky twice on their shuffle. Rtx 3070 and 3060
Haha I don’t like when you pump garbage but I’m in this one and looking good!
Think it squeezes to $79 again? $160? Lol
$NEGG: Black November is here......... Whatchu buyin me ???
Lots of gooooooooooooood stuff to choose from.........
You already know it's gifts buying time. I'm loaded up
Newegg Announces First Half 2021 Financial Results
Source: Business Wire
Reports first half 2021 increases of 39.9% and 33.9% in net sales and gross margin, respectively
Newegg Commerce, Inc. (NASDAQ: NEGG), a leading tech-focused e-retailer in North America, announced its financial results for the six months ended June 30, 2021.
First Half 2021 vs. First Half 2020 Financial Highlights (unaudited)
Net sales increased 39.9% to $1,206.9 million from $862.7 million
Gross profit increased 33.9% to $166.9 million from $124.6 million
Net income increased 14.0% to $21.6 million (or $0.05 per diluted share) compared to net income of $18.9 million (or $0.05 per diluted share)
Operational Highlights as of June 30, 2021
Unique active customers: 4.2 million
Repeat purchases: 32.5%
Average value per order: $359
This will be like best buy. $100s baby
Can you post a link on the short interest because all I find is less then 1% short interest. This appears to not be a short squeeze at all but a bunch of retail investors creating buying pressure on a stock that has basically been ignored. I have a feeling though that you are about to know what short interest looks like. I would have love to ride this up with you but it seems like the party is over