Newegg Commerce shares are trading higher amid strength in high-short interest stocks.
Portfolio Pulse from Benzinga Newsdesk
Newegg Commerce shares are trading higher amid strength in high-short interest stocks.
May 14, 2024 | 1:04 pm
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Newegg Commerce shares are experiencing an increase in their trading value, likely influenced by the broader market movement favoring stocks with high short interest.
The article directly mentions Newegg Commerce (NEGG) as trading higher, which is attributed to the strength in high-short interest stocks. This suggests a positive market sentiment towards NEGG in the short term, potentially increasing investor interest and driving up the stock price.
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RELEVANCE 90