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Overstock is not running at a loss (anymore). They doubled their revenue year over year and went from losing money to making money. I imagine that is why their
by ac29 6y ago
Overstock is not running at a loss (anymore). They doubled their revenue year over year and went from losing money to making money. I imagine that is why their stock is up, though I couldn't comment on why its up by 1000%.
https://www.marketwatch.com/investing/stock/ostk/financials/income/quarter https://www.marketwatch.com/investing/stock/ostk/financials/...
- pashamur 6y agoThey've also heavily pivoted into tech in the past several years I think: https://money.cnn.com/2018/08/10/technology/overstock-blockchain-bitcoin-investment-earnings/index.html https://money.cnn.com/2018/08/10/technology/overstock-blockc...