|Bid||48.00 x 800|
|Ask||48.64 x 1300|
|Day's Range||43.72 - 50.65|
|52 Week Range||2.53 - 50.65|
|Beta (5Y Monthly)||3.80|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SALT LAKE CITY, July 08, 2020 -- The Delaware Supreme Court recently ruled in favor of Overstock.com, Inc. (NASDAQ:OSTK) in its gift card escheatment appeal. The 5-0 decision.
Overstock.com, Inc. (OSTK) was awarded a U.S. government contract with the General Services Administration (GSA) as one of three online retailers providing business-to-business (B2B) e-commerce capabilities for federal agencies. The GSA Commercial e-Marketplace Acquisition contract leverages Overstock’s technology and 20 years of experience in B2B and B2C e-commerce to the government with easy access to furniture, supplies, and other commercial off-the-shelf (COTS) goods. “We’re thrilled GSA has selected us for this exclusive group of online retailers to participate in this proof-of-concept pilot program which will allow us to supply key items like office furniture and equipment to government agencies,” said Jonathan Johnson, CEO of Overstock.com.
The Board of Directors of Overstock.com, Inc. (OSTK) appointed William Nettles as a new independent director as of June 12, 2020. Nettles is a co-founder and managing partner of Invictus Growth Partners, a private equity firm located in San Francisco, CA that invests in and advises automation-enabled technology companies. “We welcome William to the Overstock board,” said Overstock Chairwoman of the Board Allison Abraham.
tZERO, the global leader in blockchain innovation for capital markets, announced today several records following the successful issuance of Overstock’s innovative dividend (OSTKO). Last month, the tZERO ATS recorded its strongest month ever, transacting over 423,000 digital securities, a 4x increase compared to May 2019. Year-to-date through May, the volume is up nearly 50% compared to the same period last year.
tZERO, the global leader in blockchain innovation for capital markets, announced today that it has won the 2020 FTF News Technology Innovation Award for the ‘Best Blockchain Solution of the Year’ category. As the securities industry is moving ahead with new solutions that use distributed ledger technology (DLT), this award honors the breakthrough systems that will advance the operations of the securities industry the most.
Overstock.com, Inc. (OSTK) distributed a stockholder dividend paid in shares of its Digital Voting Series A-1 Preferred Stock, OSTKO, on May 19, 2020. Since that issuance, the company has received numerous questions from investors regarding the Digital Voting Series A-1 Preferred Stock and is reiterating its key attributes in response to those questions, which have been previously disclosed in stockholder materials in connection with the dividend.
tZERO, the global leader in blockchain innovation for capital markets, announced today that broker-dealers ChoiceTrade and a multinational, publicly-traded investment bank and financial services company focused on institutional brokerage are now live and trading on the tZERO ATS. These broker-dealers join Dinosaur Financial Group, LLC as subscribers to the tZERO ATS. Customers of those broker-dealers are now able to trade Overstock’s innovative Series A-1 dividend shares, which were issued to Overstock shareholders last week. These firms and their customers are expected to have access to TZROP (tZERO's preferred equity security) and other assets that trade on the tZERO ATS in the near future. The tZERO ATS now has three active subscribers and has signed four additional agreements with progressive broker-dealers interested in trading securities.
On May 19, 2020, Overstock.com, Inc. (OSTK) paid a dividend to stockholders of record as of April 27, 2020 in the form of shares of Digital Voting Series A-1 Preferred Stock, OSTKO, which is registered with the Securities Exchange Commission under the Securities Act of 1933. “It has come to the company’s attention that shares of Series A-1 Preferred Stock are being sold on platforms other than the alternative trading system (ATS), operated by tZERO ATS, LLC,” said Overstock Chief Executive Officer Jonathan Johnson.
Overstock.com, Inc. (OSTK) announces that it has successfully completed the issuance of its Digital Voting Series A-1 Preferred Stock (“Series A-1”) (OSTKO) digital dividend on May 19, 2020, as expected. The dividend was issued in Series A-1 shares on a 1:10 basis to all Overstock shareholders as of the record date of April 27, 2020. Overstock distributed the dividend shares though its transfer agent, Computershare, to investors’ brokerage or other custodial accounts in which they hold their Overstock securities, and no action by shareholders was necessary for them to receive the dividend.
Overstock.com, Inc. (OSTK) a tech-driven online retailer and advancer of blockchain technology, announces an event for analysts and investors to be held on June 10, 2020, from 4pm to 6pm ET. The event will include include discussion and Q&A with members of the company’s executive leadership team, and will take place via a live webcast to comply with guidance from health and government officials against in-person gatherings during the coronavirus (COVID-19) pandemic. “I am committed to improving communications with our shareholders and helping the investment community better understand who Overstock is as a company,” said Overstock CEO Jonathan Johnson.
SALT LAKE CITY, April 30, 2020 -- Overstock.com, Inc. (NASDAQ:OSTK), a tech-driven online retailer and advancer of blockchain technology, today reported financial results for.
GrainChain, a keiretsu company of Medici Ventures, Overstock.com, Inc.’s (OSTK) wholly owned blockchain subsidiary, has been honored as a finalist in the “Food” category for the Fast Company 2020 World Changing Ideas Awards. This premier award honors products, concepts, companies, policies, and designs that offer innovative solutions to the issues facing society and the planet. With an innovative suite of products providing world-changing solutions in blockchain, Internet of Things, and advanced logistics systems, GrainChain is benefitting every level of the agricultural industry.
Overstock.com, Inc. (OSTK) announces that it will now hold its 2020 annual stockholders meeting virtually, in lieu of an in-person meeting, in response to direction from health and government officials against large gatherings during the country’s response to COVID-19. Holders of record at the close of business on March 20, 2020 will be entitled to vote at and ask questions during the annual meeting by following the instructions available on the virtual meeting website at https://www.meetingcenter.io/259771871. An audio replay of the virtual meeting will be available at http://investors.overstock.com starting two to three days after the meeting date.
SALT LAKE CITY, April 24, 2020 -- Overstock.com, Inc. (NASDAQ:OSTK), the e-commerce and blockchain technology pioneer, is scheduled to release first quarter financial results.
tZERO, the global leader in blockchain innovation for capital markets, today announced that GoldenSand Capital (formerly known as GSR Capital), a private equity firm based in Hong Kong, has completed its $5 million equity investment in tZERO.
Overstock.com, Inc. (OSTK) is approaching the record date for its Digital Voting Series A-1 Preferred Stock (“OSTKO”) dividend. All Overstock shareholders as of April 27, 2020 will receive the dividend, which will be distributed on a 1:10 basis in shares of OSTKO on May 19, 2020. Eligible shareholders do not need to take any action to receive the dividend.
tZERO, the global leader in blockchain innovation for capital markets, announced today that its broker-dealer subsidiary, SpeedRoute, which is a leader in U.S. equity order routing and market structure, reported its strongest month in the history of the company. The total monthly trading volume for March 2020 was nearly three times that of March 2019, and this resulted in a 218% increase in revenues compared to the prior period. Despite this significant increase in volume, SpeedRoute’s system had 100% system uptime.
Overstock.com, Inc. (OSTK) announces the filing today of a prospectus supplement in connection with its dividend of Digital Voting Series A-1 Preferred Stock with the Securities and Exchange Commission (SEC). This filing completes the registration process for the Digital Voting Series A-1 Preferred shares (OSTKO) with the SEC in advance of the company’s dividend issuance. No further regulatory filings are required in connection with the Series A-1 Preferred dividend.
“We appreciate the cooperation market participants and regulators have provided as we move to pay this innovative dividend,” said Overstock CEO Jonathan Johnson. NASDAQ has indicated due bills will not be issued in connection with the dividend. This press release does not constitute an offer to sell or a solicitation of an offer to buy the Digital Voting Series A-1 Preferred Stock (the “Series A-1”), by Overstock and its subsidiaries and affiliates and no offer, solicitation or sale of the Series A-1 shall be made in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Overstock.com, Inc. (OSTK) announces that, as expected, The Depository Trust Company (DTC) granted eligibility to the company’s Digital Voting Series A-1 Preferred Stock, OSTKO, on April 7, 2020. DTC eligibility allows shares of OSTKO to be eligible for depository and book-entry services at DTC. “This is a long-awaited moment for Overstock and our shareholders, as DTC’s grant of eligibility removes a hurdle to issuing our innovative digital dividend,” said Overstock CEO Jonathan Johnson.
Overstock.com, Inc. (OSTK) is announcing key dates and releasing the following information for shareholders relating to the recently announced dividend of the Digital Voting Series A-1 Preferred Stock (“Series A-1”) (the “Dividend”), including how the Dividend will be distributed, and the process and mechanics of the Dividend for broker-dealers and other financial professionals. On February 13, 2020, the shareholders of Overstock approved amendments to the Company’s Certificate of Incorporation to facilitate the distribution of the Dividend. In light of the shareholder vote, on April 6, 2020 the Company’s Board of Directors set a record date for the Dividend of April 27, 2020 (the “Record Date”) and a payment date of May 19, 2020 (the “Payment Date”).
Medici Ventures, the wholly owned blockchain accelerator of Overstock.com, Inc. GrainChain, a blockchain-powered agritech company, is utilizing Symbiont’s Assembly™ enterprise blockchain network to improve platform performance and privacy features.
Overstock.com, Inc. (OSTK) announced today the appointment of Adrianne Lee as its Chief Financial Officer. Lee will assume the role on March 31, 2020 and will oversee all financial aspects of the company, including financial planning and analysis, accounting and financial reporting, and managing tax, treasury, internal audit, and investor relations. Lee joins Overstock from The Hertz Corporation where she was senior vice president and CFO of the company’s $7 billion North American Rental Car unit.
Consolidated revenue of $370.9 million and net loss of $27.0 million SALT LAKE CITY, March 13, 2020 -- Overstock.com, Inc. (NASDAQ:OSTK), a tech-driven online retailer and.
Medici Ventures, the wholly owned blockchain accelerator of Overstock.com, Inc. Under the terms of the agreement, Medici Ventures will provide development and design services to Vital Chain in exchange for a minority equity stake in the company. Vital Chain’s innovative birth and death certificate solution utilizes blockchain technology to reduce reliance on legacy paper-based systems and allows for the digital issuance and management of vital records.