Overstock.com plans to sell retail business

Nov. 23, 2018 7:57 AM ETOverstock.com, Inc. (OSTK)OSTKBy: Clark Schultz, SA News Editor26 Comments
  • Overstock.com (NASDAQ:OSTK) shoots higher in early trading after CEO Patrick Byrne tells The Wall Street Journal that he expects the company to sell its retail business by February.
  • Of course, Byrne is one of the biggest proponents of the potential for the blockchain and Overstock's tZero business in particular.
  • "I don’t care whether tZero is losing $2 million a month," Byrne says. "We think we’ve got cold fusion on the blockchain side," he notes.
  • OSTK +6.01% premarket to $18.00.

Recommended For You

Comments (26)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.