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-0.000179096520529391 -0.000707181353969744 -0.000266562263113561 -0.000978783309870263 0.00290377935308682 -0.000124951060834582 -0.00524377951968818 -0.0139153831416028
Stock impact report

Overstock: Blockchain Initiatives And Narrowing Retail Segment Loss Support Positive Momentum [Seeking Alpha]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
SummaryOverstock is financially challenged with recurring losses but has some interesting developments representing upside catalysts for the stock.The company is set to distribute its first digital dividend in the form of a "security token" on its proprietary tZero cryptocurrency trading platform.Overstock's retail business has presented improving metrics over the past year and could be benefiting from the current "stay-at-home" trends supporting e-commerce this quarter.We are bullish on shares of Overstock.Overstock.com, Inc.OSTKOverstock is set to launch and distribute its first digital preferred shares in May which will trade on its proprietary platform. The timing is interesting as sentiment appears to be firming in the broader cryptocurrency space amid the ongoing global COVID-19 pandemic. Separately, we see some tailwinds for the retail business this quarter which may be benefiting from broader trends in e-commerce. Overstock is set to report earnings on April 30th, and we think Show less Read more
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