Newegg Kicks Off 2025 Black Friday Sale Featuring Thousands of Tech Discounts, Extended Daily Doorbusters, and an Early Holiday Gift Guide
Newegg's Black Friday Sale: Newegg has launched its 2025 Black Friday Sale, offering thousands of deals on various tech products from November 20 to November 29, with exclusive deals available in their U.S. and Canada e-Flyers.
Daily Doorbusters Extended: The company is extending its Daily Doorbusters promotion through December 2, increasing the number of daily deals from 2-3 to up to 4 items, available while supplies last.
Early Holiday Gift Guide: Newegg has introduced an early Holiday Gift Guide to assist shoppers in finding gifts across different categories and price ranges, catering to early holiday shoppers.
Extended Holiday Returns: Newegg is offering extended holiday returns for qualifying purchases made between November 1 and December 31, 2025, allowing returns until January 31, 2026.
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- 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.
- 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.
- 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.
- 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.
- 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.
- Shareholder Investigation: Newegg's controlling shareholder and chairman, He Zhitao, is under investigation and detained for personal matters, severely undermining investor confidence in the company's future.
- Stock Price Plunge: Following the announcement on January 21, 2026, Newegg's stock price fell by $9.79, or 17.7%, closing at $45.53 per share, directly impacting investors' asset values.
- Legal Risks: The investigation may lead to potential violations of federal securities laws for Newegg, increasing uncertainty and legal liabilities for the company's future operations.
- Investor Losses: Investors affected by this incident are encouraged to contact law firms for potential claims, highlighting the market's heightened concern over corporate governance and transparency.







