Technology@lemmy.zipEnglish · 6 months ago

Newegg stock falls 17.7% after owner is detained by anti-corruption authorities in China

www.tomshardware.com

154

Newegg stock falls 17.7% after owner is detained by anti-corruption authorities in China

www.tomshardware.com

heyWhatsay@slrpnk.net to

Technology@lemmy.zipEnglish · 6 months ago

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’

www.tomshardware.com

The detention of Newegg's majority shareholder in China has caused the market to panic.

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Montagge@lemmy.zip
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6 months ago
It strangely happened just before Newegg kinda went to shit
- [deleted]@piefed.world
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  strangely
- lumpenproletariat@quokk.au
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  Whaaa? Big businesses turning things to shit, that’s impossible.

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