GigaCloud Technology Inc Completes Acquisition of New Classic Home Furnishings [Yahoo! Finance]
GigaCloud Technology Inc - Class A Ordinary Shares (GCT)
Company Research
Source: Yahoo! Finance
end-to-end B2B technology solutions for large parcel merchandise, today announced that it has completed the acquisition of New Classic Home Furnishings, Inc. (“New Classic”), a U.S.-based distributor serving the home furnishings market. Founded more than 25 years ago in Fontana, California, New Classic serves over 1,000 retailer customers and offers a broad portfolio of more than 2,000 SKUs. The acquisition strengthens GigaCloud's growing ecosystem by adding a well-established wholesale business with broadened retailer relationships and a proven product assortment. “Closing this acquisition represents another important step in executing our strategy to streamline large-parcel commerce,” said Larry Wu, Founder, Chairman, and Chief Executive Officer of GigaCloud. “By integrating New Classic's retailer customer network into our technology-enabled marketplace and fulfillment capabilities, we are creating new opportunities for retailers to compete efficiently in an increasingly dynamic
Show less
Read more
Impact Snapshot
Event Time:
GCT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
GCT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
GCT alerts
High impacting GigaCloud Technology Inc - Class A Ordinary Shares news events
Weekly update
A roundup of the hottest topics
GCT
News
- Halper Sadeh LLC Encourages GigaCloud Technology Inc. Shareholders to Contact the Firm to Discuss Their RightsBusiness Wire
- How GigaCloud's Home-Furnishings Acquisition and New Sales Leaders Could Impact GigaCloud Technology (GCT) Investors [Yahoo! Finance]Yahoo! Finance
- GigaCloud Technology Inc Announces Two Sales Leadership AppointmentsGlobeNewswire
- GigaCloud Technology (NASDAQ:GCT) was downgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "buy (b-)" rating to a "hold (c+)" rating.MarketBeat
- GigaCloud Technology Inc to Participate in 28th Annual Needham Growth Conference [Yahoo! Finance]Yahoo! Finance
GCT
Earnings
- 11/6/25 - Beat
GCT
Sec Filings
- 1/13/26 - Form 4
- 1/9/26 - Form 4
- 1/7/26 - Form 144
- GCT's page on the SEC website