Overstock.com Shares Rise on Plan to Change Corporate Name to Beyond Inc. | BYON Message Board Posts


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Msg  44380 of 44383  at  10/24/2023 4:43:38 PM  by

jerrykrause


Overstock.com Shares Rise on Plan to Change Corporate Name to Beyond Inc.

 

Overstock.com Shares Rise on Plan to Change Corporate Name to Beyond Inc.

 

Overstock.com's transition into the new and improved Bed Bath & Beyond soon will be complete. The company plans to rename itself and change its ticker symbol.

Overstock (ticker: OSTK) purchased the Bed Bath & Beyond brand from bankruptcy in June. It has been operating as Bed Bath & Beyond in the U.S. since August.

On Nov. 6, the company will change its corporate name to Beyond Inc. It also transfer its stock listing to the New York Stock Exchange from the Nasdaq Global Market, and change its ticker symbol to "BYON" from "OSTK."

"We expect the corporate name change to enhance the awareness of our iconic consumer brand, Bed Bath & Beyond," said CEO Jonathan Johnson in a news release.

Overstock shares jumped 5.8% to $16.20 in premarket trading. The stock has fallen 21% this year.

 


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