There is little doubt that Overstock has had a fabulous 2017 to date. As of 10th November 2017, the American internet retailer has seen its stock price rise almost 200% compared to the start of the year. This is pretty special however you look at it, but especially since it actually reported pre-tax losses of $6.5 million for Quarter 3 of the year.
So why does the market view Overstock so optimistically when it has recently reported figures like these?
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https://cryptodaily.co.uk/2017/11/will-overstock-focus-blockchain-investments/