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Maxim Projects Nearly 200% Upside Potential For Overstock, Names Blockchain, Retail As Drivers
Monday, September 10, 2018 - 12:09pm | 417Overstock.com Inc (NASDAQ: OSTK) is one of the beneficiaries of the evolution of blockchain technology, making it an attractive equity, according to Maxim Group. The Analyst Analyst Allen Klee assumed coverage of the shares of Overstock.com with a Buy rating and $75 price target. The...
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This Week In Cryptocurrency: SEC Shuns Bitcoin ETF, Overstock Gets Massive Investment
Friday, August 10, 2018 - 4:16pm | 519The cryptocurrency market finished another difficult week on a low note on Friday, with most major currencies trading down more than 2 percent on the day. Here’s a look at some of the headlines that were moving the cryptocurrency market this week and which currencies were on the move....
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Overstock Rallies After Q2 Print, tZero Investment
Friday, August 10, 2018 - 3:28pm | 477Overstock.com, Inc. (NASDAQ: OSTK) shares surged over 20 percent Friday following the announcement that GSR Capital will invest up to $270 million in Overstock’s subsidiary tZero. What Happened The Hong Kong private equity firm’s investment of $1.5 billion equates to an 18...
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Benzinga Pro's 5 Stocks To Watch Today
Friday, August 10, 2018 - 8:44am | 470Each day, the Benzinga Pro news team highlights several stocks with Trading Idea potential. Be the first to see them by becoming a Benzinga Pro user! Dropbox Inc (NASDAQ: DBX) stock was trading lower by 9 percent Friday morning after the company reported better-than-expected second-quarter results...
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Analyst Stays Bullish On Overstock's tZERO Coin Offering Despite Regulatory Risk
Monday, March 5, 2018 - 11:50am | 395Overstock.com Inc (NASDAQ: OSTK) shares are down more than 8 percent in the past week after the SEC announced it's investigating the initial coin offering of Overstock subsidiary tZero. While investors are clearly concerned about the implications of the investigation, at least one Wall Street...
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Overstock Falls As SEC Probes 'Dozens' Of Companies Involved With Cryptocurrencies
Thursday, March 1, 2018 - 9:25am | 388Overstock.com Inc (NASDAQ: OSTK), an online retailer who recently expanded into blockchain technology, saw its stock fall more than 10 percent Thursday morning after confirming it may face an SEC investigation. What Happened The Securities and Exchange Commission sent subpoenas and requests for...
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KODAKCoin: How To Buy It
Thursday, February 15, 2018 - 2:27pm | 709Eastman Kodak Company Common New (NYSE: KODK) recently opted to venture into the cryptocurrency arena by offering a token, KODAKCoin, which powers the KODAKOne platform created using blockchain technology. The Jan. 9 announcement sent shares of Eastman Kodak soaring 119 percent to $...
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Overstock's Huge Upside Hinges On Blockchain; DA Davidson Raises Target To $110
Monday, January 8, 2018 - 10:50am | 508Overstock.com Inc (NASDAQ: OSTK) has been on quite a run on the past six months, gaining more than 415 percent on investor enthusiasm for its bitcoin exposure. At least one analyst sees significant upside remaining for Overstock, but it all hinges on blockchain technology. The Analyst D.A....