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Stock impact report

Newegg Commerce, Inc. Investigated by the Portnoy Law Firm

Newegg Commerce, Inc. - Common Shares (NEGG) 
Company Research Source: GlobeNewswire
LOS ANGELES, Jan. 23, 2026 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Newegg Commerce, Inc., (“Newegg" or the "Company") (NASDAQ: NEGG) investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors.  Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: lesley@portnoylaw.com, to discuss their legal rights, or join the case via https://portnoylaw.com/newegg-commerce-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses. On January 21, 2026, Newegg disclosed that it had received a notice from the family of the Company’s controlling shareholder and chairman, He Zhitao, that he is being placed under investigation and has been detained for matters that “pertain personally to Mr. He Zhitao.” On this news, Newegg’s stock price fell $9.79, or 17.7%, to close at $45.53 per shar Show less Read more
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