Newegg Commerce Inc
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Consumer Discretionary : Internet & Direct Marketing Retail | Small Cap Value

Newegg Commerce, Inc. is a technology-focused e-commerce company in North America. The Company has developed an online marketplace that delivers value to consumers, brands, and sellers in the technology products sector. It operates business-to-consumer (B2C) platforms, business-to-business (B2B) operations, and other online platforms. Its B2C platform focuses on selling information technology (IT) products, through its platforms, namely Newegg.Com, Newegg.Ca, And Newegg Global. The Company’s B2B platform focuses on providing office and IT equipment, through its neweggbusiness.com platform. Its platforms offer a suite of e-commerce solutions, including product listing, fulfillment, marketing, customer service and other value-added tools and services. The Company’s product categories offered through its platforms, such as computer system, components, electronics, gaming, networking and smart home, office solutions, software and services, automotive and industrial, and health and sports.

Closing Price: $2.02

Day's Change: 0.06 (3.06%)

Bid: --

Ask: --

B/A Size: --

Day's High: 2.12

Day's Low: 1.94

Volume (Light) Volume: 975,007 10-day average volume: 9,450,430: 975,007

Google parent Alphabet reportedly starts cutting jobs at healthcare unit

3:33 pm ET January 11, 2023 (MarketWatch) Print

Google parent Alphabet Inc. (GOOGL)(GOOGL) started its anticipated layoffs beginning with its healthcare unit Verily Life Sciences, according to a Wall Street Journal report Wednesday. More than 200 jobs are being trimmed at the 1,600-employee unit, the Journal reported, citing an email from Verily head Stephen Gillett to employees. Rumored layoffs of up to 10,000, or 6% of Alphabet's workforce, have been brewing since November

-Wallace Witkowski

(END) Dow Jones Newswires

January 11, 2023 15:33 ET (20:33 GMT)

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