Newegg Commerce Inc NEGG:NASDAQ

Last Price$4.65NASDAQ Closing Price as of 4:00PM ET 5/17/22
NASDAQ 15-minute delayed Bid/Ask Quotes
Today's Change+0.07(1.53%)
Bid (Size)$4.50 (3)
Ask (Size)$4.70 (30)
Day Low / High$4.48 - 4.92
Volume570.7 K

Sector Update: Consumer Staples Rebounding Wednesday From Prior Session Declines

1:13PM ET 10/20/2021 MT Newswires
Consumer stocks were rising in Wednesday trading, with the SPDR Consumer Staples Select Sector ETF (XLP) climbing 0.9% while the SPDR Consumer Discretionary Select Sector ETF (XLY) was edging 0.2% higher.

In company news, Newegg Commerce (NEGG) climbed 3.3% after the e-commerce company Wednesday announced a new collaboration with the PromoteIQ performance marketing channel to promote products by vendor-direct sellers to in-market shoppers and increase sales in real-time. Financial terms were not disclosed.

Among decliners, United Airlines (UAL) was slipping 0.2%, giving back a 1.5% morning advance, after overnight reporting a smaller-than-expected non-GAAP Q3 net loss of $1.02 per share, beating the Capital IQ consensus looking for $1.68 per share adjusted loss, while revenue more than tripled over year-ago levels to $7.75 billion, also exceeding the $7.64 billion Street view.

Brinker (EAT) shares slid 6.9% after the restaurant chain said its fiscal Q1 results likely will miss analyst estimates, projecting non-GAAP net income of $0.34 per share on $859.2 million in net sales. Wall Street is expecting $0.71 per share and $876.2 million, respectively.