NEGG Stock Down -73% after 8-Day Loss Streak
Newegg Commerce (NEGG) stock hit day 8 of a continuous streak of days with losses, with cumulative losses over this period amounting to a -73% return. The company has lost about $431 Mil in value over the last 8 days, with its current market capitalization at about $589 Mil. The stock remains 290.6% above its value at the end of 2024. This compares with year-to-date returns of 9.6% for the S&P 500.
NEGG provides North American e-commerce specializing in electronics, including desktops, laptops, gaming gear, peripherals, office technology, furniture, supplies, and mailing and inventory products.
Comparing NEGG Stock Returns With The S&P 500
The following table summarizes the return for NEGG stock vs. the S&P 500 index over different periods, including the current streak:
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| Return Period | NEGG | S&P 500 |
|---|---|---|
| 1D | -19.8% | 0.5% |
| 8D (Current Streak) | -73.3% | 1.2% |
| 1M (21D) | -43.5% | 1.9% |
| 3M (63D) | 398.7% | 8.0% |
| YTD 2025 | 290.6% | 9.6% |
| 2024 | -68.5% | 23.3% |
| 2023 | -3.8% | 24.2% |
| 2022 | -87.4% | -19.4% |
What is the point? Sustained weakness can be more than noise. It often signals shifting sentiment or deeper concerns. A multi-day losing streak may warn of further downside, or present an opportunity to buy if fundamentals are intact.
Gains and Losses Streaks: S&P 500 Constituents
There are currently 32 S&P constituents with 3 days or more of consecutive gains and 102 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 20 | 43 |
| 4D | 7 | 41 |
| 5D | 3 | 9 |
| 6D | 1 | 2 |
| 7D or more | 1 | 7 |
| Total >=3 D | 32 | 102 |
Key Financials for Newegg Commerce (NEGG)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $1.5 Bil | $1.2 Bil |
| Operating Income | $-71.1 Mil | $-51.5 Mil |
| Net Income | $-59.0 Mil | $-43.3 Mil |
Last 2 Fiscal Quarters:
| Metric | 2023 FQ3 | 2023 FQ4 |
|---|---|---|
| Revenues | $317.6 Mil | $456.1 Mil |
| Operating Income | $-18.8 Mil | $-17.7 Mil |
| Net Income | $-14.7 Mil | $-15.0 Mil |
The losing streak NEGG stock is currently on doesn’t inspire much confidence among investors. In contrast, Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 – the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.