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Equity Lifestyle Properties, Inc. shares rise 1.28% intraday after Newegg reported strong year-over-year growth in the first half of 2025.
ByAinvest
Friday, Aug 22, 2025 11:33 am ET1min read
Equity Lifestyle Properties, Inc. rose 1.28% in intraday trading. The company's stock price increase may be attributed to the positive news from Newegg Commerce, Inc. (NASDAQ: NEGG), which reported strong year-over-year growth in the first half of 2025. This growth was driven by increased demand for GPUs and other core PC components, including the successful launch of the NVIDIA GeForce RTX 50 Series and AMD Radeon RX 9000 Series graphics cards, and AMD Ryzen 9000X3D Series CPUs. These new product launches boosted organic traffic and spurred robust cross-category purchasing, driving both topline revenue and earnings.
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