BRIEF-Jat Capital Mgmt Lp Reports 9.1% Stake In Overstock.Com Inc. As Of October 12

Reuters

2023/10/16

Oct 16 (Reuters) - JAT CAPITAL MGMT LP:

* JAT CAPITAL MGMT LP REPORTS 9.1% STAKE IN OVERSTOCK.COM INC. AS OF OCTOBER 12- SEC FILING

* JAT CAPITAL MGMT LP BELIEVE OVERSTOCK.COM SECURITIES, WHEN PURCHASED, WERE UNDERVALUED AND REPRESENT ATTRACTIVE LONG-TERM INVESTMENT OPPORTUNITY

* JAT CAPITAL MGMT LP SAYS ON OCT 12, SENT A LETTER TO OVERSTOCK.COM INC'S BOARD THAT INCLUDED OPERATIONAL RECOMMENDATIONS FOR BOARD TO CONSIDER

* JAT CAPITAL MGMT-IN LETTER, ASKS OVERSTOCK.COM TO CONDUCT IMMEDIATE STRATEGIC REVIEW OF CO'S NON-CORE ASSETS, INCLUDING EVALUATION OF POTENTIAL SALE/SPIN-OFF

Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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As Of  October 12\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-10-16 22:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Oct 16 (Reuters) - JAT CAPITAL MGMT LP:</p><p>   * JAT CAPITAL MGMT LP REPORTS 9.1% STAKE IN OVERSTOCK.COM INC. AS OF  OCTOBER 12- SEC FILING</p><p>   * JAT CAPITAL MGMT LP BELIEVE OVERSTOCK.COM SECURITIES, WHEN PURCHASED, WERE UNDERVALUED AND REPRESENT ATTRACTIVE LONG-TERM INVESTMENT OPPORTUNITY</p><p>   * JAT CAPITAL MGMT LP SAYS ON OCT 12, SENT A LETTER TO OVERSTOCK.COM INC'S BOARD THAT INCLUDED OPERATIONAL RECOMMENDATIONS FOR BOARD TO CONSIDER</p><p>   * JAT CAPITAL MGMT-IN LETTER, ASKS OVERSTOCK.COM TO CONDUCT IMMEDIATE STRATEGIC REVIEW OF CO'S NON-CORE ASSETS, INCLUDING EVALUATION OF POTENTIAL SALE/SPIN-OFF</p><p>Further company coverage:   </p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4585","symbol_name":"ETF&股票定投概念","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2375711224","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2375711224","pubTimestamp":1697465316,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"Oct 16  - JAT CAPITAL MGMT LP:   * JAT CAPITAL MGMT LP REPORTS 9.1% STAKE IN OVERSTOCK.COM INC. 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AS OF  OCTOBER 12- SEC FILING   * JAT CAPITAL MGMT LP BELIEVE OVERSTOCK.COM SECURITIES, WHEN PURCHASED, WERE UNDERVALUED AND REPRESENT ATTRACTIVE LONG-TERM INVESTMENT OPPORTUNITY   * JAT CAPITAL MGMT LP SAYS ON OCT 12, SENT A LETTER TO OVERSTOCK.COM INC'S BOARD THAT INCLUDED OPERATIONAL RECOMMENDATIONS FOR BOARD TO CONSIDER   * JAT CAPITAL MGMT-IN LETTER, ASKS OVERSTOCK.COM TO CONDUCT IMMEDIATE STRATEGIC REVIEW OF CO'S NON-CORE ASSETS, INCLUDING EVALUATION OF POTENTIAL SALE/SPIN-OFFFurther company coverage:    ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}