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Research Notes: Overstock's Wild Ride

www.overlookedalpha.com

Research Notes: Overstock's Wild Ride

Acquiring Bed Bath & Beyond seems like a win but it's hard to trust this business.

Vince Martin
Sep 14, 2023
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Research Notes: Overstock's Wild Ride

www.overlookedalpha.com
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Highlights:

  • Overstock soared after the company acquired assets from Bed Bath & Beyond — then tanked after an early performance update.

  • The deal seems like a smart move, but one where patience might be required. The stock does look tempting after the recent plunge.

  • But the company’s long and volatile history make it difficult to trust Overstock.

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