Overstock.com, Inc. (OSTK) News
Overstock.com, Inc. (OSTK)
Today's Latest Price: $69.33 USD
Updated Nov 27 5:00pm
Add OSTK to WatchlistSign Up
POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
See all "A" rated Strong Buy stocks
Filter OSTK News Items
OSTK News Results
| Event/Time | Symbol | Company | News Detail | Start | End | Change | POWR Rating | ||
|---|---|---|---|---|---|---|---|---|---|
| Loading, please wait... | |||||||||
Latest OSTK News From Around the Web
Below are the latest news stories about Overstockcom Inc that investors may wish to consider to help them evaluate OSTK as an investment opportunity.
Online retail and EV names dominate consumer sector in Q3With Q3 in the books, it is time to take a heat check on the consumer sector.For the most part, Q3 featured a continuation of the rally in EV names and online retailers seen throughout Q2 with some work-from-home, learn-from-home and exercise-from-home trends also in play.Top consumers gainers YTD include... |
Overstock.com +1% after D.E. Shaw ups position to 5.1%D.E Shaw discloses a stake of 5.1% in Overstock.com (OSTK). The filing lists D.E. Shaw as a passive investor.D.E. Shaw only held 270K shares at the end of Q2, compared to the 2.2M shares under its belt now. SEC Form 13G Shares of Overstock are up 1.22% in AH trading.Here... |
tZERO ATS announces zero trading fees for registered digital securitiestZERO a subsidiary of Medici Ventures, the blockchain-focused, wholly owned subsidiary of Overstock.com (OSTK) has made trading free for broker-dealers trading publicly traded digital securities registered with the U.S. regulators, effective today when market opens.Private securities that are permitted to trade on the tZERO ATS will continue to be subject to the previous fee... |
Overstock slips 5% after pricing equity offering at $84.50Overstock.com (OSTK) has priced its upsized public offering of 2.1M (from 1.7M) common shares at $84.50/share, for expected gross proceeds of $177.45M.Underwriters' over-allotment is an additional 315,000 shares.Closing date is August 14.The Company recorded massive revenue increase and finally pushed a quarterly profit."Should Overstock continue with its solid execution (posting YoY increases... |
Overstock.com (OSTK) Q2 2020 Earnings Call TranscriptJoining me today are Jonathan Johnson, CEO of Overstock and president of Medici Ventures; and Adrianne Lee, CFO of Overstock. Dave Nielsen, president of Overstock Retail; and Saum Noursalehi, CEO of tZERO, will be available for Q&A. |
5 Stock Gainers on Thursday: Overstock, UPS, QualcommThe stock market gainers Thursday with shares rising are Overstock.com, UPS, Qualcomm, Kodak, and Cloudflare. |
A 30-Bagger in Under 5 Months, Here's Why Overstock Shares Popped Again TodayFrom the absolute bottom to today's top, Overstock is a 30-bagger -- one of the most incredible runs you'll ever see in under five months. Overstock's total net revenue increased to $783 million in Q2. Growth for Overstock has also been across the board. |
Overstock shoots 25% higher after earnings, tops $3 billion market capOverstock.com Inc. shares jumped more than 25% in Thursday trading, after the company reported a big jump in online sales amid the COVID-19 pandemic. Overstock shares topped $75 after closing Wednesday at $60.74, pushing the company's market capitalization higher than $3 billion for the first time since January 2018. In an announcement before the bell Thursday, Overstock said that it swung to a profit in the second quarter as sales more than doubled, and credited online-shopping and home-improvement trends related to the pandemic. Overstock reported net income of $36.4 million, or 84 cents a share, on revenue of $782.5 million, after losing 69 cents a share on sales of $373.7 million a year ago. Only two analysts tracked by FactSet cover Overstock, which is not enough for a reliabl... |
Why Overstock Is Trading Higher TodayOverstock (NASDAQ: OSTK) shares are trading higher after the company reported better-than-expected second-quarter EPS and sales results.The company reported quarterly earnings of 84 cents per share, which is a 221.74% increase over losses of $(0.69) per share from the same period last year. The company also reported quarterly sales of $783 million, which beat the analyst consensus estimate of $597.60 million by 31.02%View more earnings on OSTKOverstock.com is a United States-based online retailer that provides products and services through websites. The company offers a broad range of products, including furniture and home decor, jewelry, watches, apparel and accessories, BMMG, electronics, and other items.Overstock was trading up 23.38% at $74.94 per share on Thursday at the time of pu... |
Overstock.com Reports Q2 2020 Financial ResultsQuarterly net income of $36 million, record total net revenue of $783 million and $1 billion in Retail gross salesSALT LAKE CITY, July 30, 2020 (GLOBE NEWSWIRE) -- Overstock.com, Inc. (NASDAQ:OSTK) today reported financial results for the quarter ended June 30, 2020. Second Quarter Financial Highlights * Total net revenue was $783 million, an increase of 109% year over year * Gross profit was $180 million or 23.0% of total net revenue, an improvement of 321 basis points year over year * Net income attributable to stockholders of Overstock.com, Inc. was $36 million, an improvement of $61 million year over year * Diluted earnings per share was $0.84, an improvement of $1.53 year over year * Adjusted EBITDA (non-GAAP) was $42 million, an improvement of $55 million year over year * Y... |
