|Bid||13.87 x 1200|
|Ask||13.90 x 800|
|Day's Range||13.57 - 14.14|
|52 Week Range||12.33 - 48.00|
|Beta (3Y Monthly)||3.36|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 6, 2019 - May 10, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||63.00|
Even the best stock pickers will make plenty of bad investments. And there's no doubt that Overstock.com, Inc. (NASDAQ:OSTK) stock has had a really bad year. The share price has slid 59% in that time. However, the...
SALT LAKE CITY, April 18, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) has released the following statement from company CEO and founder and tZERO Executive Chairman Patrick M..
Investors need to pay close attention to Overstock.com (OSTK) stock based on the movements in the options market lately.
Overstock.com, Inc. (OSTK), a tech-driven online retailer and advancer of blockchain technology, announces that its 2019 annual meeting of stockholders will be held at 1:00 p.m. (Mountain Time) on May 9, 2019 at its corporate offices located at 799 W. Coliseum Way, Midvale, Utah. Holders of record at the close of business on March 12, 2019 will be entitled to vote at the meeting. The Company intends to webcast the meeting and will announce the webcast details closer to the date of the meeting. Overstock.com, Inc Common Shares (OSTK) / Series A Preferred (Medici Ventures’ tZERO platform: OSTKP) / Series B Preferred (OSTBP) is an online retailer and technology company based in Salt Lake City, Utah. Overstock was the first major retailer to accept cryptocurrency in 2014, and in the same year founded Medici Ventures, its wholly-owned subsidiary developing and accelerating blockchain technologies to democratize capital, eliminate middlemen, and re-humanize commerce.
Online retailer Overstock.com is aiming to make up for significant losses in 2018 with a return to profits this year. The company, which was one of the first major retailers to accept Bitcoin, has been placing big bets on blockchain technology. In its Q4 earnings report, CEO and Founder, Patrick Byrne, said: “Our blockchain projects are some of the most significant and cutting edge in the world, and we are just reaching the point where our products are being introduced to the public. In particular, tZERO brought live a security token trading platform.” He added: “Our retail arm lost money last year because I gunned things in an attempt to create a conventional high-growth/money losing e-commerce business, but the losses were The post Overstock reverses strategy in face of ‘nauseating’ losses appeared first on Coin Rivet.
Stocks that moved substantially or traded heavily on Monday: Worldpay Inc., up $9.83 to $108.51 The payments processor agreed to be acquired by Fidelity National Information Services for about $35 billion. ...
Boeing shares slipped more than 1.5 percent after The Wall Street Journal reported that federal prosecutors and the Department of Transportation are scrutinizing the development of the company's 737 Max jets. An Ethiopian Airlines flight involving the 737 Max 8 crashed on March 10. Facebook FB — Shares of the social media giant fell more than 3 percent after an analyst at Needham downgraded them to hold from buy.
Overstock earnings for the fourth quarter of 2018 have OSTK stock taking a beating on Monday.Source: Shutterstock Overstock (NASDAQ:OSTK) reported losses per share of $1.39 for the fourth quarter of the year. This is better than the company's losses per share of $3.72 from the same time last year. However, it was still a blow to OSTK stock by missing Wall Street's losses per share estimate of 91 cents for the quarter.Net loss reported in the Overstock earnings release for the fourth quarter of 2018 comes in at $42.33 million. The internet retail company's net loss from the fourth quarter of 2017 was $95.69 million.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Overstock earnings report for the fourth quarter of the year also includes an operating loss of $48.44 million. This is a wider operating loss than the $22.72 million reported in the same period of the year prior.Overstock earnings for the fourth quarter of 2018 also have revenue coming in at $452.55 million. This is a drop from the company's revenue of $456.29 million for the fourth quarter of the previous year. It was also horrible news for OSTK stock by coming in below analysts' revenue estimate of $474.15 million for the period. * 7 Small-Cap Stocks That Make the Grade "Our retail arm lost money last year because I gunned things in an attempt to create a conventional high-growth/money losing e-commerce business, but the losses were nauseating and we reverted back to the philosophy of profitability on which we built Overstock: as a result, in 2019 Retail will return to profitability, generating a positive operating cash flow ≥ $10M," Patrick Byrne, founder and CEO of Overstock, said in a statement.OSTK stock was down 5% as of Monday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 of the Best Stocks to Buy Under $10 * 7 Single-Digit P/E Stocks With Massive Upside * 7 Best Quantum Computing Stocks Trading Today As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Overstock Earnings: OSTK Stock Sinks on Awful Q4 appeared first on InvestorPlace.
were falling Monday after the discount e-tailer missed fourth-quarter expectations on both the top and bottom lines. Founder and CEO Patrick M. Byrne said losses in the e-commerce business "were nauseating and we reverted back to the philosophy of profitability on which we built Overstock." Therefore, "in 2019 Retail will return to profitability, generating a positive operating cash flow ≥ [greater than] $10M," he said. As for the company's blockchain business, Byrne said, "Our blockchain projects are some of the most significant and cutting edge in the world, and we are just reaching the point where our products are being introduced to the public.
On a per-share basis, the Midvale, Utah-based company said it had a loss of $1.39. Losses, adjusted for asset impairment costs and non-recurring costs, were $1.15 per share. The online discount retailer ...
Shares of Overstock Inc. tumbled 6.6% in premarket trade Monday, after the online retailer and blockchain technology company reported a wider-than-expected fourth-quarter loss as revenue surprisingly declined. The net loss narrowed to $42.3 million, or $1.39 a share, from $95.7 million, or $3.72 a share, in the same period a year ago. The FactSet loss-per-share consensus was 84 cents. Total revenue fell to $452.5 million from $456.3 million, while the FactSet consensus called for a rise to $474.1 million. The company said orders declined 4%, as sales and marketing expenses declined 13%, and that promotional activities increased. Overstock's stock has soared 60.4% over the past three months but has dropped 55.3% over the past 12 months, while the S&P 500 has gained 10.9% the past three months and tacked on 2.6% the past year.
Consolidated revenue of $453 million (-1% growth) and pre-tax loss of $49.9 million;CEO commits to a return to profitability for the retail business in 2019, commits Retail will.
The company struggled with market-share losses through most of the year, but it's looking for a rebound in its upcoming earnings report.
SALT LAKE CITY, March 11, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) announced its wholly-owned blockchain subsidiary, Medici Ventures, has purchased a 5.1 percent stake in.
SALT LAKE CITY, Utah, March 08, 2019 -- Overstock.com, Inc. (NASDAQ:OSTK) is scheduled to release fourth quarter financial results for the period ended December 31, 2018 on.
Officials from the Denver Elections Division announced today that Voatz, the blockchain meets voting portfolio company of Overstock.com, Inc. (OSTK) will collaborate with Tusk Philanthropies to introduce a pilot program for the upcoming Denver municipal elections allowing voters to use their own smartphones to cast votes. As part of the pilot program, active-duty military personnel and eligible dependents as well as other overseas voters can vote using a blockchain-based smartphone app. Denver voters will be able to vote in the May 2019 election, which includes the Denver mayoral race in which Mayor Michael Hancock is seeking re-election.