Millions of People Will Soon Be Blindsided. Will You Be One of Them?

On April 20 at 7 p.m. ET, Louis Navellier and Matt McCall will reveal an event that’s about to rock the stock market and how you could use it to beat the markets by nearly 11X.

Tue, April 20 at 7:00PM ET
 
 
 
 
Register Here Free

Why Overstock.com, Inc. (OSTK) Stock Is Falling Today

Shares are down more than 3% Wednesday

By Karl Utermohlen, InvestorPlace Writer Jan 21, 2015, 3:05 pm EDT

Overstock.com, Inc. (OSTK) stock is dropping today.

Overstock.com, Inc.The company announced plans to release a video streaming service to rival Amazon (AMZN) and other paid services. VOD service is slated for a mid-2015 release.

Overstock’s service will be available to members of the company’s loyalty program. VOD will initially include about 30,000 titles for rent or purchase.

Bitcoin was recently offered as a payment option to Overstock employees. The website has been accepting Bitcoin as payment since Jan. 2014.

OSTK stock is down 3.6% Wednesday afternoon.

More From InvestorPlace

Article printed from InvestorPlace Media, https://investorplace.com/2015/01/overstock-com-inc-ostk-stock/.

©2021 InvestorPlace Media, LLC