NASDAQ:NEGG

Newegg Stock Slides After Profit Swing as Sales Drop Tests the PC-Hardware Retailer
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Newegg Stock Slides After Profit Swing as Sales Drop Tests the PC-Hardware Retailer

Newegg shares dropped 5.4% to $17.60 after first-quarter net sales fell 11.8% to $306.2 million and gross merchandise value slipped 12.1%. The company posted a $7.8 million profit, reversing a loss last year, as gross profit rose 10.3%. Active customers and repeat purchase rates declined. Management cited memory shortages and cautious consumer demand.
May 29, 2026

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