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Overstock Rose 17.6% after Its Q2 2018 Results

Victoria Dean
Overstock Rose 17.6% after Its Q2 2018 Results

The company’s net revenues of $483.1 million beat analysts’ consensus estimate of $474.2 million. The private equity investor is eligible to buy up to 3.1 million Overstock shares (at a 5% discount to the closing price on August 1), which represents nearly $104.6 million.