JUMP REPORT
Avg Daily Volume: 4,703,431 Market Cap: 342.3M
Sector: Services Short Interest: 42.32
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.62/share REV: 376.20/M
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LAST QTR: EPS: -.92/share ACTUAL: -.69/share (BEAT)
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NEXT QTR: EPS: -.38/share REV: 448.73/M
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FULL YR: EPS: -2.84/share REV: 1,570/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 20% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 19.39, 14.48, -13.5
EXPECTED JUMP MOVE: 10-15%
Links To Latest News and Headlines
(Bloomberg) — Lenders to bankrupt firms are increasingly demanding the use of a controversial contract clause that bolsters their investments in exchange for giving companies a chance at survival. Most Read from BloombergAston Martin Owner Lawrence Stroll Sells F1 Team Stake at £1 Billion ValuationBacklash Spreads Over Musk’s Endorsement of Antisemitic PostOpenAI Ousts Altman as CEO; Board Says It Lost Confidence in HimHamas Mastermind Who Tricked Israel Is Top Target in Gaza TunnelsOpenAI Oust
Sometimes when an activist gets involved things can happen quickly, which is exactly the case with the former Overstock.com.
CEO Jonathan Johnson stepped down Monday the first day Overstock made its transition to newly named Beyond
Jonathan Johnson Steps Down as Chief Executive Officer Dave Nielsen Appointed Interim CEO and President; Adrianne Lee, CFO, Takes on Expanded Responsibilities MIDVALE, Utah , Nov. 06, 2023 (GLOBE NEWSWIRE) — Beyond, Inc., (NYSE: BYON), the online home furnishing company formerly known as Overstock.com, Inc. that now operates as Bed Bath & Beyond, today announced that Jonathan Johnson has stepped down as Chief Executive Officer and a member of the Board of Directors, effective immediately. Mr. J
Hedge fund JAT Capital urged the board of internet retailer Overstock.com to replace the company’s chief executive officer, arguing that Jonathan E. Johnson III is to blame for poor financial performance. JAT, run by John Thaler, owns a 9.6% stake in Overstock.com, and is stepping up pressure, having called on the company in October to consider selling certain assets and to overhaul management compensation. “The current CEO needs to be removed immediately,” JAT wrote to the board in a letter dated Nov. 2 and made public in a regulatory filing on Friday.
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