Markets

After monster 3,590% rally off pandemic low, Overstock can still jump another 50% as it benefits from ‘seismic forces,’ Piper Sandler says

Since its pandemic low on March 18, shares of Overstock.com have posted an eye-popping rally of 3,590% as of Friday’s close, thanks in part to positive trends in its ecommerce business. And according to Piper Sandler, Overstock’s rally will continue, as the “new and improved” company benefits from “seismic forces.” […]
After monster 3,590% rally off pandemic low, Overstock can still jump another 50% as it benefits from ‘seismic forces,’ Piper Sandler says
Markets

Overstock plummets 19% on slashed profit forecast, CFO resignation

Shares of Overstock.com traded as much as 19% lower on Monday after the company announced the resignation of its chief financial officer and issued a warning that full-year retail earnings could miss previously set targets. Robert Hughes, who spent nine years working in senior management roles at Overstock, will step-in […]
Overstock plummets 19% on slashed profit forecast, CFO resignation
Markets

Overstock plunges after reporting the SEC asked for information about its ICO

Overstock shares took a nose dive Thursday morning after a filing showed regulators asked for information about the company’s cryptocurrency operations. The Securities and Exchange Commission has issued a wave of subpoenas to companies in the crypto space. Shares of online retailer Overstock dived Thursday morning after a regulatory filing […]
Overstock plunges after reporting the SEC asked for information about its ICO