Overstock.com Crushed After Disappointing Earnings Report (OSTK)

Overstock.com OSTK is getting lit up today after reporting a wider than expected third-quarter loss prior to the opening bell this morning. The company reported an earnings per share loss of $0.15, compared to analysts' estimates for an EPS loss of $0.03. During Friday's trading session, OSTK has fallen 14.46% to $13.57. Volume has already hit 5 times the daily average. During the last 3 months, OSTK has fallen more than 30%.
Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: EarningsIntraday UpdateMoversConsumer DiscretionaryInternet Retail
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!