Article 734GJ Newegg stock price falls 17.7% after Chinese owner is detained by anti-corruption authorities — company insists it’s operating normally and ‘in accordance with the laws’

Newegg stock price falls 17.7% after Chinese owner is detained by anti-corruption authorities — company insists it’s operating normally and ‘in accordance with the laws’

by
editors@tomshardware.com (Jowi Morales)
from Latest from Tom's Hardware on (#734GJ)
Various law firms are calling out to Newegg investors for a potential class action lawsuit as the company's stock price fell by 17.7% after the chairperson of its majority stockholder was detained on suspicion of corruption.
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