Overstock (OSTK +18.1%) adds to yesterday's giant post-earnings gains following a 2-notch...
Overstock (OSTK +18.1%) adds to yesterday's giant post-earnings gains following a 2-notch upgrade to Buy from BofA/Merrill. "We believe strong Q1 results are not just a head fake (something Overstock has been notorious at doing in the past) but believe the company is turning the corner," says analyst Nat Schindler. He notes the Q1 beat was fueled by 22% Y/Y partner sales growth (above a 9% estimate) and lower-than-expected opex. Altogether, shares are up 62% over the last 2 days.
From other sites
at 4-traders.com (Mar 24, 2015)
at MarketWatch.com (Jan 20, 2015)
at MarketWatch.com (Jan 9, 2015)
at MarketWatch.com (Dec 31, 2014)
at CNBC.com (Dec 30, 2014)
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