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Why Overstock Shares Spiked 13% Today
Monday, January 25, 2021 - 10:48pm | 304Overstock.com Inc. (NASDAQ: OSTK) shares jumped 13% in the after-hours session on Monday. The surge came as the company announced a partnership with Pelion Venture Partners to oversee the blockchain assets of its subsidiary Medici Ventures. What Happened: The subsidiary will be converted into a...
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Fintech Focus For December 17, 2020
Wednesday, December 16, 2020 - 5:26pm | 2091Quote To Start The Day: Pricing an IPO is more of an art than a science. Source: Ran Ben-Tzur One Big Thing In Fintech: A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group...
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Fintech Spotlight: How tZero Is Narrowing The Delta Between Public, Private Assets
Wednesday, December 16, 2020 - 3:07pm | 867A massive delta exists between public and private assets. That’s according to Solomon Tesfaye, the vice president of business development and capital markets at tZero Group Inc, a subsidiary of Medici Ventures, the venture capital arm of Overstock.com Inc (NASDAQ: OSTK). After spending a...
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Overstock Could Sell Retail Unit As Soon As February Amid Blockchain Pivot
Friday, November 23, 2018 - 10:25am | 646Overstock.com Inc (NASDAQ: OSTK) shares — which have lost about three-quarters of their value since the start of the year — were rallying Friday as the e-commerce website announced a shift in its business model. What Happened Overstock, which formally launched the...
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Despite Overstock's Stalled Common Offering, DA Davidson Remains Bullish
Monday, April 2, 2018 - 11:00am | 396Overstock.com Inc (NASDAQ: OSTK) announced a public offering of its common stock March 26, but reports the company canceled its offering could "add fuel to the fire of the detractors," according to D.A. Davidson. The Analyst Analyst Tom Forte maintains a Buy rating on Overstock...
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Overstock's Huge Upside Hinges On Blockchain; DA Davidson Raises Target To $110
Monday, January 8, 2018 - 9:50am | 508Overstock.com Inc (NASDAQ: OSTK) has been on quite a run on the past six months, gaining more than 415 percent on investor enthusiasm for its bitcoin exposure. At least one analyst sees significant upside remaining for Overstock, but it all hinges on blockchain technology. The Analyst D.A....
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Overstock Further Dives Into Blockchain With Bitt's New Digital Wallet
Wednesday, December 20, 2017 - 12:36pm | 429Overstock.com Inc (NASDAQ: OSTK) dominated headlines when it said it will not only accept bitcoin as payment for its products, but will be keeping half of all the bitcoins it receives as an investment. Overstock on Wednesday further expanded its exposure to bitcoin. What You Need To Know...
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Tech Specialist: Overstock An Attractive Takeout Target, Way To Play Bitcoin
Thursday, September 21, 2017 - 10:18am | 559Overstock.com, Inc. (NASDAQ: OSTK) is largely overlooked by Wall Street, but that doesn’t mean it’s escaped notice from anyone else. “It’s a very good fit for a number of traditional brick-and-mortar retailers,” Dan Forman, technology sector specialist at Maxim Group,...