Why Newegg Commerce Shares Are Surging Today

Newegg Commerce, Inc. NEGG shares are trading higher. The company earlier announced it now offers professional PC assembly to customers who design their own computers on the Newegg PC Builder.

The company's build-to-order (BTO) offering takes advantage of Newegg's ENIAC in-house computer assembly service to build and deliver fully assembled computers significantly faster than other competitive BTO offerings, according to the press release.

Newegg Commerce Stock Surges: Technical Levels To Watch

Newegg Commerce is an e-commerce company offering direct sales and an online marketplace platform for IT computer components, consumer electronics, entertainment, smart home and gaming products and provides certain third-party logistics services globally.

Newegg's stock was trading about 130% higher at $62.55 on Wednesday at the time of publication. The stock set a new 52-week high of $70 and has a 52-week low of $2.80.