Overstock.com Inc. (OSTK) Plunges 5.98% on March 14

Overstock.com Inc. (OSTK) Plunges 5.98% on March 14

Overstock.com Inc. (OSTK) had a rough trading day for Thursday March 14 as shares tumbled 5.98%, or a loss of $-1.27 per share, to close at $19.95. After opening the day at $21.08, shares of Overstock.com Inc. traded as high as $21.15 and as low as $19.83. Volume was 1.35 million shares over 7,857 trades, against an average daily volume of n/a shares and a total float of 32.15 million.

As a result of the decline, Overstock.com Inc. now has a market cap of $641.31 million. In the last year, shares of Overstock.com Inc. have traded between a range of $51.95 and $12.33, and its 50-day SMA is currently $n/a and 200-day SMA is $n/a.

Overstock.com, Inc. is a United-States-based online retailer that provides products and services through websites. The company offers a broad range of products, including furniture and home decor, jewelry, watches, apparel and accessories, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line accounts for a material part of its total revenue. The company operates through direct business that makes sales from the company’s own inventory, and partner business that sells merchandise from manufacturers, distributors and other suppliers through the company’s websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.

Overstock.com Inc. is based out of Midvale, UT and has some 1,800 employees. Its CEO is Patrick M. Byrne.

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