Newegg Commerce Inc
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Consumer Discretionary : Specialty Retail | Small Cap Value
Company profile

Newegg Commerce, Inc. is a global technology e-commerce retailer in North America. It is engaged in retailing PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. Its platforms include Newegg.com, Newegg.ca, Newegg Global and Newegglogistics.com. Additionally, 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 categorizes its business model into business-to-consumer (B2C) and business-to-business (B2B) operations. Its B2C is focused on selling information technology/consumer electronic (IT/CE) products including tech product categories such as 3D printers, home automation, and others. Its B2B e-commerce platform, NeweggBusiness.com, offers a full range of IT, office and industrial products and solutions with customer base ranging from government agencies, healthcare institutions, and education institutions.

Premarket

Last Trade
Delayed
$0.79
0.032 (4.22%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$0.758
Day's Change
0.00 (0.00%)
Bid close
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Ask close
--
B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
3,144

10-day average volume:
452,696
3,144

Megabank stocks rise in premarket as Pfizer deal boosts underwriting

7:43 am ET May 17, 2023 (MarketWatch)
Print

Stocks for the largest U.S. banks rose in premarket trades on Wednesday, amid an uptick in underwriting activity following a $31 billion debt offering from pharmaceutical giant Pfizer Inc. (PFE). Bank of America Corp. 's (BAC) BofA Securities unit, Citigroup Inc. (C), Goldman Sachs Group Inc. (GS) and J.P. Morgan Chase & Co. (JPM) are joint lead managers and joint book-running managers for the Pfizer offering, which consisted of eight tranches priced between 4.45% and 5.34%. Bank of America stock is up 0.6%, Citigroup is up 0.7%, Goldman Sachs is up 0.5% and JPMorgan Chase is up by 0.7%.

-Steve Gelsi

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

	

(END) Dow Jones Newswires

May 17, 2023 07:43 ET (11:43 GMT)

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