Shares of Overstock.com (NASDAQ: OSTK) are down nearly 30% after the company reported second quarter earnings. Revenue rose 27 percent to $188.8 but the company reported yet another big money-losing quarter, with $6.5 million, or 28 cents per share, flying out the door.Bissonnette also points out the difference in the stock performance and the press releases coming from the company.
Sunday, July 20, 2008
BloggingStocks reports: Overstock.com plummets on earnings
In an article titled Overstock.com plummets on earnings BloggingStocks' Zac Bissonnette describes the latest numbers from Overstock.com.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment