Ultragenyx Pharmaceutical, Apple And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 14 2025
0mins
Should l Buy NEGG?
Source: Benzinga
U.S. Stock Market Trends: U.S. stock futures are down, with the Dow futures dropping around 100 points; notable declines include Ultragenyx Pharmaceutical's shares falling 8% after receiving a Complete Response Letter from the FDA regarding its gene therapy for Sanfilippo Syndrome Type A.
Other Stocks in Decline: Several stocks experienced significant pre-market declines, including MiNK Therapeutics (-31%), Above Food Ingredients (-21.3%), and Newegg Commerce (-11.3%), following previous gains or announcements that impacted their market performance.
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Analyst Views on NEGG
About NEGG
Newegg Commerce, Inc. is a global online retailer for PC hardware, consumer electronics, gaming peripherals, home appliances, automotive and lifestyle technology. The Company also serves businesses' e-commerce needs with marketing, supply chain, and technical solutions in a single platform. It has developed an online marketplace that delivers value to consumers, brands and sellers in the technology products sector. Additionally, the Company's platforms offer a comprehensive suite of e-commerce solutions, including product listing, fulfillment, marketing, customer service and other value-added tools and services. Its core customers include both its business-to-consumer (B2C) customers and its business-to-business (B2B) customers. The Company's B2C Platforms include Newegg.com, Newegg.ca, Newegg Global and Mobile apps. NeweggBusiness.com, its B2B e-commerce platform, offers a full range of information technology, office and industrial products and solutions for various customers.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
NEWEGG GAMER ZONE PARTNERS WITH WESTERN DIGITAL AND UGREEN FOR EDUCATIONAL TECHNOLOGY WORKSHOP
Event Overview: A workshop focused on educational technology is being hosted by New Gamer Zone in collaboration with Western Digital and Ugreen.
Collaboration Purpose: The workshop aims to enhance the use of technology in educational settings, promoting innovative teaching methods and tools.
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Micron Technology Sees Surge in Memory Prices Amid AI Demand
- Surge in Memory Prices: Micron Technology's memory prices have skyrocketed due to soaring demand from AI data centers, with the cost of 64GB DDR4 memory rising from $95 in 2025 to $450 in 2023, indicating robust market demand for high-end memory.
- AI Demand Driving Growth: As companies like OpenAI, Microsoft, and Google build massive data centers to support AI platforms, the demand for memory is nearly insatiable, leading major memory manufacturers like Micron, Samsung, and SK Hynix to sell out their future production volumes ahead of time.
- Significant Market Impact: Micron's Q1 2026 sales surged 57% year-over-year, but due to chip-making capacity constraints, CEO Sanjay Mehrotra noted they can only meet 50% to two-thirds of customer demand, reflecting the ongoing thirst for memory in the market.
- Optimistic Investment Outlook: Despite rising memory prices expected to last for years, Micron's stock has appreciated 5,400% over the past 15 years, with a current P/E ratio of just 9.1, indicating strong investment potential, and investors are encouraged to consider increasing their Micron stock holdings.
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Newegg Under Investigation, Shares Plunge 17.7%
- Legal Investigation Launched: The Schall Law Firm is investigating Newegg for potential violations of securities laws, which could undermine investor confidence and the company's reputation.
- Executive Detained: On January 21, 2026, Newegg disclosed that its chairman and controlling shareholder, He Zhitao, has been detained and is under investigation, raising concerns about corporate governance.
- Stock Price Plummets: Following the announcement, Newegg's shares fell by 17.7% on the same day, reflecting investor panic over uncertainty regarding the company's future and potential losses.
- Investor Rights Advocacy: The Schall Law Firm is urging affected shareholders to participate in the lawsuit, highlighting the potential legal liabilities stemming from the company's failure to disclose critical information.
See More
Newegg Commerce, Inc. Under Investigation, Stock Plummets 17.7%
- Securities Fraud Investigation: The Portnoy Law Firm has initiated an investigation into Newegg, potentially filing a class action on behalf of investors to recover losses from corporate wrongdoing, highlighting a commitment to investor rights.
- Shareholder Under Investigation: On January 21, 2026, Newegg disclosed that its controlling shareholder and chairman, He Zhitao, is under investigation and has been detained for personal matters, leading to a decline in market confidence regarding corporate governance and affecting investor sentiment.
- Significant Stock Drop: Following the news, Newegg's stock price plummeted by $9.79, or 17.7%, closing at $45.53 per share, resulting in substantial financial losses for investors and raising concerns about the company's stability.
- Legal Support Offered: The Portnoy Law Firm is providing complimentary case evaluations and encouraging affected investors to contact attorneys to discuss their legal rights, demonstrating the firm's commitment to helping investors recover their losses.
See More
Newegg Commerce, Inc. Under Investigation, Stock Price Drops
- Investigation Launched: Holzer & Holzer, LLC is investigating whether Newegg complied with federal securities laws following the detention of its chairman and largest shareholder, He Zhitao, which may impact the company's compliance status.
- Stock Price Reaction: Following the news of He Zhitao's detention, Newegg's stock price dropped, reflecting market uncertainty about the company's future and a decline in investor confidence.
- Legal Consultation: Holzer & Holzer is soliciting legal opinions from affected investors, encouraging those who purchased Newegg stock and suffered losses to contact their attorneys for potential legal remedies.
- Company Background: Since its founding in 2000, Holzer & Holzer has focused on providing legal support to shareholders and investors, recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.
See More
Newegg Commerce, Inc. Under Investigation, Stock Plummets 17.7%
- Shareholder Rights Investigation: Glancy Prongay & Murray LLP has initiated an investigation into Newegg for potential violations of federal securities laws, aiming to protect investor rights and pursue claims for losses.
- Controlling Shareholder Detained: On January 21, 2026, Newegg disclosed that its controlling shareholder and chairman, He Zhitao, is under investigation and has been detained for personal matters, leading to decreased market confidence in the company's governance.
- Stock Price Volatility: Following the announcement, Newegg's stock price plummeted by $9.79, or 17.7%, closing at $45.53 per share, which directly impacts the asset value of investors.
- Investor Recovery Opportunities: The investigation presents an opportunity for Newegg investors to recover losses, with Glancy Prongay & Murray LLP encouraging affected investors to reach out for more information and to participate in potential claims.
See More
NEWEGG GAMER ZONE PARTNERS WITH WESTERN DIGITAL AND UGREEN FOR EDUCATIONAL TECHNOLOGY WORKSHOP
Event Overview: A workshop focused on educational technology is being hosted by New Gamer Zone in collaboration with Western Digital and Ugreen.
Collaboration Purpose: The workshop aims to enhance the use of technology in educational settings, promoting innovative teaching methods and tools.
See More
Micron Technology Sees Surge in Memory Prices Amid AI Demand
- Surge in Memory Prices: Micron Technology's memory prices have skyrocketed due to soaring demand from AI data centers, with the cost of 64GB DDR4 memory rising from $95 in 2025 to $450 in 2023, indicating robust market demand for high-end memory.
- AI Demand Driving Growth: As companies like OpenAI, Microsoft, and Google build massive data centers to support AI platforms, the demand for memory is nearly insatiable, leading major memory manufacturers like Micron, Samsung, and SK Hynix to sell out their future production volumes ahead of time.
- Significant Market Impact: Micron's Q1 2026 sales surged 57% year-over-year, but due to chip-making capacity constraints, CEO Sanjay Mehrotra noted they can only meet 50% to two-thirds of customer demand, reflecting the ongoing thirst for memory in the market.
- Optimistic Investment Outlook: Despite rising memory prices expected to last for years, Micron's stock has appreciated 5,400% over the past 15 years, with a current P/E ratio of just 9.1, indicating strong investment potential, and investors are encouraged to consider increasing their Micron stock holdings.
See More
Newegg Under Investigation, Shares Plunge 17.7%
- Legal Investigation Launched: The Schall Law Firm is investigating Newegg for potential violations of securities laws, which could undermine investor confidence and the company's reputation.
- Executive Detained: On January 21, 2026, Newegg disclosed that its chairman and controlling shareholder, He Zhitao, has been detained and is under investigation, raising concerns about corporate governance.
- Stock Price Plummets: Following the announcement, Newegg's shares fell by 17.7% on the same day, reflecting investor panic over uncertainty regarding the company's future and potential losses.
- Investor Rights Advocacy: The Schall Law Firm is urging affected shareholders to participate in the lawsuit, highlighting the potential legal liabilities stemming from the company's failure to disclose critical information.
See More
Newegg Commerce, Inc. Under Investigation, Stock Plummets 17.7%
- Securities Fraud Investigation: The Portnoy Law Firm has initiated an investigation into Newegg, potentially filing a class action on behalf of investors to recover losses from corporate wrongdoing, highlighting a commitment to investor rights.
- Shareholder Under Investigation: On January 21, 2026, Newegg disclosed that its controlling shareholder and chairman, He Zhitao, is under investigation and has been detained for personal matters, leading to a decline in market confidence regarding corporate governance and affecting investor sentiment.
- Significant Stock Drop: Following the news, Newegg's stock price plummeted by $9.79, or 17.7%, closing at $45.53 per share, resulting in substantial financial losses for investors and raising concerns about the company's stability.
- Legal Support Offered: The Portnoy Law Firm is providing complimentary case evaluations and encouraging affected investors to contact attorneys to discuss their legal rights, demonstrating the firm's commitment to helping investors recover their losses.
See More
Newegg Commerce, Inc. Under Investigation, Stock Price Drops
- Investigation Launched: Holzer & Holzer, LLC is investigating whether Newegg complied with federal securities laws following the detention of its chairman and largest shareholder, He Zhitao, which may impact the company's compliance status.
- Stock Price Reaction: Following the news of He Zhitao's detention, Newegg's stock price dropped, reflecting market uncertainty about the company's future and a decline in investor confidence.
- Legal Consultation: Holzer & Holzer is soliciting legal opinions from affected investors, encouraging those who purchased Newegg stock and suffered losses to contact their attorneys for potential legal remedies.
- Company Background: Since its founding in 2000, Holzer & Holzer has focused on providing legal support to shareholders and investors, recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct.
See More
Newegg Commerce, Inc. Under Investigation, Stock Plummets 17.7%
- Shareholder Rights Investigation: Glancy Prongay & Murray LLP has initiated an investigation into Newegg for potential violations of federal securities laws, aiming to protect investor rights and pursue claims for losses.
- Controlling Shareholder Detained: On January 21, 2026, Newegg disclosed that its controlling shareholder and chairman, He Zhitao, is under investigation and has been detained for personal matters, leading to decreased market confidence in the company's governance.
- Stock Price Volatility: Following the announcement, Newegg's stock price plummeted by $9.79, or 17.7%, closing at $45.53 per share, which directly impacts the asset value of investors.
- Investor Recovery Opportunities: The investigation presents an opportunity for Newegg investors to recover losses, with Glancy Prongay & Murray LLP encouraging affected investors to reach out for more information and to participate in potential claims.
See More
