Fuck your target newegg is 26 now
7/22/2025 07:38am
I'm sorry for the inconvenience. Here are some news about Newegg Commerce Inc (NEGG):
1. **Significant Share Acquisition**: Vladimir Galkin recently expanded his stake in Newegg Commerce by purchasing 111,111 additional shares at an average price of $29.56 per share, totaling a transaction value of approximately $3.28 million. Following this purchase, Galkin's total holdings in Newegg have risen to 2,555,555 shares.
2. **Stock Price Increase**: Newegg Commerce Inc (NEGG) experienced a 3.01% increase in its stock price on July 18, with an intraday high of $38.50 and a closing price of $32.75. This represents a significant surge from its 52-week low of $3.32 and is a positive indicator for investors.
3. **Regulatory Compliance**: Newegg Commerce Inc has announced that it has regained compliance with Nasdaq’s minimum bid price requirement, with its stock maintaining a closing bid price of at least $1.00 per share over the last 10 consecutive business days. This development is crucial for maintaining investor confidence and ensuring the company’s continued presence on the capital market.
In conclusion, while the average price target for NEGG may not reflect the recent positive developments, it's important to consider the company's strong fundamentals and potential for growth.