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Overstock.com Inc (OSTK.OQ)

OSTK.OQ on NASDAQ Stock Exchange Global Market

17.22USD
14 Dec 2018
Change (% chg)

$-0.76 (-4.23%)
Prev Close
$17.98
Open
$17.74
Day's High
$18.28
Day's Low
$17.10
Volume
349,328
Avg. Vol
479,451
52-wk High
$89.80
52-wk Low
$16.38

Latest Key Developments (Source: Significant Developments)

Grainchain Announces Equity Purchase From Medici Ventures
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - GRAINCHAIN::GRAINCHAIN ANNOUNCES EQUITY PURCHASE FROM MEDICI VENTURES.GRAINCHAIN - MEDICI VENTURES PURCHASED A $2.5 MILLION EQUITY IN CO.GRAINCHAIN- MEDICI VENTURES HAS 10 PERCENT OWNERSHIP IN CO, WITH OPTION TO FURTHER ITS ACQUISITION FOR AN ADDITIONAL 10 PERCENT AT A LATER DATE.  Full Article

Medici Ventures Purchases Equity in Crypto Social Network, Minds
Monday, 22 Oct 2018 

Oct 22 (Reuters) - Minds Inc::CRYPTO SOCIAL NETWORK MINDS INC SAYS $6 MILLION SERIES A INVESTMENT FROM MEDICI VENTURES.MINDS INC - OVERSTOCK.COM FOUNDER AND CEO PATRICK BYRNE WILL BE JOINING MINDS BOARD.  Full Article

Overstock.Com Releases Additional Information On GSR Capital Investment
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - Overstock.com Inc ::OVERSTOCK.COM RELEASES ADDITIONAL INFORMATION ON GSR CAPITAL INVESTMENT, STANDBY EQUITY UNDERWRITING AGREEMENT, AND CAPITAL ON DEMAND SALES AGREEMENT (ATM).OVERSTOCK.COM - EXPECTS CURRENT CAPITAL TO SERVE PRESENT OPERATING NEEDS FOR RETAIL BUSINESS, MEDICI VENTURES, TZERO OVER COMING YEAR.OVERSTOCK.COM - HAS NOT USED $50 MILLION STANDBY EQUITY UNDERWRITING AGREEMENT ENTERED INTO ON AUGUST 9, 2018 AND INTENDS TO LET IT EXPIRE UNUSED.OVERSTOCK.COM - ALSO INTENDS TO MAINTAIN CAPITAL ON DEMAND SALES AGREEMENT (ATM) REFERENCED IN 8-K FILED ON AUGUST 15, 2018 FOR UP TO 3 YEARS.OVERSTOCK.COM - CO ENGAGED WITH OTHER POTENTIAL PARTNERS WHO EXPRESSED INTEREST IN INVESTMENT IN CO.  Full Article

Plaintiffs Drop Class Action Lawsuit Against Overstock.Com
Wednesday, 8 Aug 2018 

Aug 8 (Reuters) - Overstock.com Inc ::PLAINTIFFS DROP SECURITIES CLASS ACTION LAWSUIT AGAINST OVERSTOCK.COM.OVERSTOCK.COM - ATTORNEYS FOR THE LEAD PLAINTIFF, JAMES WEBB, FILED VOLUNTARY DISMISSAL IN THE CLASS ACTION SECURITIES LAWSUIT AGAINST CO ON AUGUST 7.  Full Article

Overstock.Com Starts Collecting Sales Tax On Purchases After Court Ruling On South Dakota V. Wayfair
Monday, 25 Jun 2018 

June 25 (Reuters) - Overstock.com Inc ::OVERSTOCK.COM - STARTED TO COLLECT SALES TAX ON PURCHASES FROM SOME U.S. TAX JURISDICTIONS AFTER COURT RULING ON SOUTH DAKOTA V. WAYFAIR.OVERSTOCK.COM INC - WILL BEGIN EXPANDING OPERATIONS INTO STATES IN WHICH TAX NEXUS CONCERNS PREVIOUSLY PREVENTED CO FROM HAVING A DIRECT PRESENCE.  Full Article

Tzero And Box Digital Markets Create Joint Venture
Tuesday, 19 Jun 2018 

June 19 (Reuters) - Overstock.com Inc ::TZERO AND BOX DIGITAL MARKETS SIGN DEAL TO CREATE JOINT VENTURE.TZERO SAYS THE JV WILL SEEK APPROVAL FROM U.S. SEC PRIOR TO BEGINNING OPERATIONS.  Full Article

Tzero And Box Digital Markets Announce Joint Venture To Launch Industry’S First Security Token Exchange
Tuesday, 22 May 2018 

May 22 (Reuters) - Overstock.com Inc ::TZERO AND BOX DIGITAL MARKETS ANNOUNCE JOINT VENTURE TO LAUNCH INDUSTRY’S FIRST SECURITY TOKEN EXCHANGE.TZERO SAYS ON MAY 18, CO, BOX DIGITAL MARKETS ENTERED INTO LOI TO FORM EXCHANGE TO LIST & PUBLICLY TRADE SECURITY TOKENS.TZERO - PLANS TO CONTRIBUTE CASH AND LICENSE TZERO'S BLOCKCHAIN TECHNOLOGY FOR OPERATION OF SECURITY TOKEN MARKET.TZERO SAYS APPROVAL OF U.S. SEC WILL BE SOUGHT FOLLOWING EXECUTION OF DEFINITIVE DOCUMENTATION.  Full Article

Overstock.Com To Purchase Common Stock In Elio Motors
Tuesday, 24 Apr 2018 

April 24 (Reuters) - Overstock.com Inc ::OVERSTOCK.COM TO PURCHASE COMMON STOCK IN ELIO MOTORS.OVERSTOCK.COM INC - OVERSTOCK AGREED TO BUY $2.5 MILLION OF NEWLY ISSUED SHARES OF ELIO STOCK AT $2.75 PER SHARE.OVERSTOCK.COM - ELIO INTENDS TO USE PROCEEDS OF NEW INVESTMENT BY CO TO FUND CAPEX AND REPAY CERTAIN OUTSTANDING DEBT AND ACCOUNTS PAYABLE.OVERSTOCK.COM INC - ELIO MOTORS ANNOUNCED IT EXPECTS TO LAUNCH A SECURITY TOKEN OFFERING TO, AMONG OTHER THINGS, FUND PRODUCTION OF ELIO VEHICLE.OVERSTOCK.COM INC - EXPECTED THAT ELIO MOTORS' SECURITY TOKEN OFFERING WILL INCLUDE A PRE-SALE OF ELIOCOIN.  Full Article

Overstock.com Announces Proposed Public Offering Of Common Stock
Monday, 26 Mar 2018 

March 26 (Reuters) - Overstock.Com Inc ::OVERSTOCK.COM ANNOUNCES PROPOSED PUBLIC OFFERING OF COMMON STOCK.SAYS OFFERING 4.00 MILLION COMMON SHARES.  Full Article

Overstock.Com Says Co, Its Unit, Patrick Byrne And Hernando De Soto Entered Into A Memorandum Of Understanding
Wednesday, 3 Jan 2018 

Jan 3 (Reuters) - Overstock.Com Inc ::OVERSTOCK.COM SAYS ON DEC 27, 2017, CO, ITS UNIT MEDICI VENTURES, PATRICK BYRNE AND HERNANDO DE SOTO ENTERED INTO A MEMORANDUM OF UNDERSTANDING.OVERSTOCK.COM INC - MOU PROVIDES THAT PARTIES WILL FORM A CO THAT WILL BE OWNED 50% BY MEDICI, 33% BY HERNANDO DE SOTO AND 17% BY PATRICK BYRNE.OVERSTOCK.COM INC - GOAL OF NEW COMPANY IS TO DEVELOP A BLOCKCHAIN-BASED SYSTEM.OVERSTOCK.COM - HERNANDO DE SOTO WILL SERVE AS CHAIRMAN OF DESOTO & AS A DIRECTOR OF MEDICI; PATRICK BYRNE WILL SERVE AS CO-CHAIRMAN AND CEO OF DESOTO.OVERSTOCK.COM INC - OVERSTOCK AND/OR MEDICI WILL PAY OR CONTRIBUTE $14 MILLION TO HELP LAUNCH PROJECT.  Full Article

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Holiday wish list: U.S. states count on extra online sales tax to boost budget

NEW YORK Illinois, the U.S. state with the lowest credit rating on Wall Street, has often been chastised for using gimmicks to balance its budget.