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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’

  • Tom's Hardware faviconTom's Hardware

    Jan 27, 2026, 12:47 pm133 pts
    photo of Newegg stock price falls 17.7% after Chinese owner is detained by anti-corruption authorities — company insists it’s… imageVarious 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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