Research Notes: Overstock's Wild Ride
Acquiring Bed Bath & Beyond seems like a win but it's hard to trust this business.
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.