Newegg (NEGG) Stock Climbs To New Highs: What's Going On?

Benzinga_recent_news08-22

Newegg Commerce Inc NEGG shares surged in Thursday’s trading session, adding to gains of more than 300% over the past month. Here’s a look at what’s going on. What To Know: Momentum comes amid renewed...

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Here’s a look at what’s going on.\nWhat To Know: Momentum comes amid renewed...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/movers/25/08/47264376/newegg-negg-stock-climbs-to-new-highs-whats-going-on\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"RSI","symbol_name":"Rush Street Interactive, Inc.","start_time":0,"source_url":"https://www.benzinga.com/trading-ideas/movers/25/08/47264376/newegg-negg-stock-climbs-to-new-highs-whats-going-on","article_id":"2561492727","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/08/21/Newegg.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/trading-ideas/movers/25/08/47264376/newegg-negg-stock-climbs-to-new-highs-whats-going-on","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2561492727","pubTimestamp":1755793200,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Newegg Commerce Inc (NASDAQ: NEGG) experienced a notable surge in its stock price during Thursday's trading session, adding to gains of more than 300% over the past month. Here's a look at what's going on.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"RSI":"Rush Street Interactive, Inc.","BK4150":"赌场与赌博","NEGG":"Newegg Comm Inc.","BK4076":"电脑与电子产品零售","BK4122":"互联网与直销零售","BK4547":"WSB热门概念"},"translate_title":"新蛋(NEGG)股价攀升至新高：发生了什么？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RSI":1,"NEGG":1},"content_text":"Newegg Commerce Inc NEGG shares surged in Thursday’s trading session, adding to gains of more than 300% over the past month. Here’s a look at what’s going on.\nWhat To Know: Momentum comes amid renewed interest from retail investors. The stock has been trending on various platforms in recent weeks and moving on elevated volume. Thursday’s trading volume of approximately 1 million shares is already approaching the 100-day average of 1.13 million in morning trading.\nThe momentum comes as Newegg considers adjusting its share sales following a board-approved expansion of its stock sale program. Newegg’s elevated short interest, with over 12% of its float sold short, has also attracted retail investors interested in meme stock-style trades. Former pharmaceutical executive Martin Shkreli recently announced a short position against the stock, which could be fueling increased retail participation.\nTechnical Factors: Newegg’s stock demonstrates a bullish trend, with a new 52-week high of $137.83 reached on Thursday and a low of $116.41 for the session, suggesting robust buying interest, heightened participation and confidence in the stock’s upward trajectory.\nThe Relative Strength Index (RSI) stands at 70.12, suggesting the stock is nearing overbought territory, potentially signaling a pullback. 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Benzinga Edge rankings highlight moderate fundamentals, with a Value ranking of 46.3/100 and a Momentum ranking of 99.67/100. \nNEGG Price Action: Newegg shares were up 13.2% at $125.25 during regular trading hours on Thursday, according to Benzinga Pro.\nRead Next: \nPhoto: Casimiro PT/Shutterstock.com\nThis content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2561492727","isCrawlerRequest":true}