Thursday, 22 June 2023

Overstock wins auction for some Bed Bath & Beyond assets

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New Breakthrough "Living Software" Has Been... Ukraine's "Secret Weapon" Against Russia

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Overstock wins auction for some Bed Bath & Beyond assets

Last week, Overstock had offered to buy those assets for the same price under a "stalking horse" bid. Bed Bath & Beyond had then said it would continue to solicit other offers.


The analysts explained that AI has spiked tech valuations and contributed to the narrowness of returns. However, they note that the primary beneficiaries are not extreme, and their earnings should grow into them over time.






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