Newegg Commerce Inc vs ProShares UltraPro Short QQQ ETF — how do they compare? Newegg Commerce Inc trades at $13.12 (market cap $270.98M), while ProShares UltraPro Short QQQ ETF trades at $40.47. Which is the better fit depends on your goals.
| NEGG | SQQQ | |
|---|---|---|
Market Cap | $270.98M | — |
Sector | Consumer Cyclical | Leveraged / Inverse |
52-Week High | $128.09 | $97.60 |
52-Week Low | $12.92 | $36.31 |
Enterprise Value | $269.78M | — |
Trailing returns across standard periods
Newegg Commerce Inc 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.
Read more on NEGG →SQQQ is a leveraged inverse ETF that seeks daily investment results, before fees and expenses, that correspond to three times the inverse (-3x) of the daily performance of the Nasdaq-100 Index. It is a tactical trading tool designed for sophisticated investors to profit from or hedge against declines in large-cap technology and growth stocks. Due to its daily reset and the effects of compounding, it is intended for short-term use and carries significant risk if held during periods of high market volatility.
Read more on SQQQ →