chairman detention

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GlobeNewswire Inc.GlobeNewswire Inc.··Portnoy Law Firm

Newegg Stock Plunges 17.7% as Chairman Detained; Law Firm Launches Fraud Probe

Law firm investigates Newegg after 17.7% stock decline following disclosure that chairman He Zhitao was detained for personal legal issues.
NEGGsecurities fraudinvestor losses