Why newegg

Yet there was no fundamental basis for the run-up in its shares, and having them return to earth rather quickly is to be expected. Newegg has a solid retail history and reputation, so this isn't some fly-by-night penny stock. The long-term growth story is likely just as solid, but not at any price, and investors should wait for Newegg's stock to return to more-reasonable and rational levels before they consider buying the online retailer.

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Stock Market Basics. Stock Market. Industries to Invest In. Getting Started. Planning for Retirement. This will increase their capacity many folds. But this stock movement needs volume tomorrow; otherwise, it will be dark red in the coming weeks. Positive earnings. Increase in consumer demand for parts. Could be the next best buy. They have been crushing it lately while NEGG barley does anything at all.

Looks like we have a short squeeze maybe? Something definitely going on here. Maybe somebody knows something or a price correction. Yahoo Finance Video. Advertise with us. All rights reserved. Stock Market. Industries to Invest In. Getting Started. Planning for Retirement. Retired: What Now? Personal Finance. Credit Cards.

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