OSTK Stock Still Feeling the Pain from Byrne Fallout

OSTK Stock

OSTK stock has tanked nearly 60% in the last week as the bad news continues to pile up for Overstock.com Inc (NASDAQ:OSTK).

Bizarre Turn of Events

OSTK stock has been in turmoil since a bizarre turn of events in August saw founder and CEO Patrick Byrne step down from the company after admitting to a three-year relationship with Maria Butina, a Russian spy currently serving an 18-month sentence in federal prison. Following his resignation, Byrne released a statement that mentioned “Deep State,” “Men in Black,” and “political espionage” campaigns against Hillary Clinton and Donald Trump, which ...

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