Newegg Commerce (NEGG) Stock Rockets on AI & “Meme” Hype — 688% YTD Gains, CEO Upgraded to Board
Stock Price & Trading Trends Newegg has been on a wild ride. From a mid-Aug high near $133 investing.com, shares drifted down into the $40s–50s in October before exploding higher this week. On Oct 23 NEGG closed $47.37 (up +7.03% on the day) stockinvest.us, bouncing off a low of $43.00 and high of $47.54 intraday. Trading volume that day was about 1.0 million shares (~$58.1M) stockinvest.us, far above its recent average. The very next day (Oct 24) the stock jumped 40.8% to close at $66.72 stockanalysis.com, a 44% intraday rally from the open ainvest.com. This kind of surge – with volume
