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

J&J's HIV vaccine fails Phase 3 clinical trial

12:54 pm ET January 18, 2023 (MarketWatch) Print

Johnson & Johnson's (JNJ) experimental HIV vaccine is safe but not effective, and the late-stage study will be discontinued as a result of that finding, federal researchers said Wednesday. J&J's stock was down 1.1% in trading on Wednesday afternoon. The vaccine was being tested in a Phase 3 clinical trial that enrolled 3,900 men who have sex with men and transgender people in several countries, including the U.S. The National Institute of Allergy and Infectious Diseases provided funding for the trial. J&J's stock is up 1.9% over the past year, while the S&P 500 has declined 14.4%.

-Jaimy Lee

(END) Dow Jones Newswires

January 18, 2023 12:54 ET (17:54 GMT)

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