Overstock.com (OSTK) shareholder JAT Capital urges strategic review

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A major Overstock.com (OSTK) shareholder demands changes, seeks strategic review

October 16, 2023 1:33 PM EDT

JAT Capital Management, one of major holders of Overstock.com (NASDAQ: OSTK) shares, recently filed form 13D, disclosing "operational recommendations" that it had submitted to the company's board.

JAT, which owns just over 4.1M OSTK shares, or a 9.1% stake, has urged the board and management to develop "a business... More