OSTK Stock Recent News
OSTK LATEST HEADLINES
Online retailer Overstock.com (OSTK) missed on top and bottom line estimates in the third quarter. Overstock has also acquired the trademarks and digital assets of shuttered big-box retailer Bed Bath & Beyond and intends to rebrand itself as Beyond, Inc. Beyond Inc. CEO Jonathan Johnson joins Yahoo Finance Live to discuss the website's rebranding campaign and what the company expects for the holiday shopping season.
Online home goods retailer Overstock missed analysts' expectations for Q3 2023, with revenue down 18.9% year on year to $373.3 million, it confirmed today.
Overstock.com (OSTK) came out with a quarterly loss of $0.61 per share versus the Zacks Consensus Estimate of a loss of $0.69. This compares to earnings of $0.13 per share a year ago.
Overstock's (OSTK) third-quarter 2023 results are likely to reflect strength in the Bed Bath & Beyond brand. However, weakening consumer engagement in the housing market is likely to have been a concern.
Overstock (NASDAQ: OSTK ) is making headlines after the company announced that it would change its corporate name to Beyond on Nov. 6. Along with the name change, Overstock will also change its ticker to BYON from OSTK stock, while its shares will be transferred to the New York Stock Exchange (NYSE) from the Nasdaq.
The company also switch its listing to the New York Stock Exchange and change its ticker symbol.
Overstock.com Inc. OSTK, -1.48%, which operates as Bed Bath & Beyond ever since it acquired that bankrupt company's intellectual property in June, said Tuesday it is changing its corporate name to Beyond Inc., effective Nov. 6. The company said it will also transfer its stock listing to the New York Stock Exchange from Nasdaq and change the ticker to BYON.
Overstock (OSTK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Online retailer Overstock.com Inc. NASDAQ: OSTK sells home décor and products at a discount. It renamed its online presence after acquiring the IP rights to Bed Beth & Beyond for $21.5 million in June 2023 from bankruptcy.
Shares of internet retailer Overstock.com (NASDAQ: OSTK ) — which primarily specializes in home décor and furniture — popped sharply on Monday. Driving the news was the disclosure of an activist investor holding a significant stake in OSTK stock.