Overstock Blames Change To Google Search Rankings For Hurting Its Growth

by Barry Schwartz
Overstock Q3 2015 earnings report showed a significant earnings drop, leading to an 18% stock price drop this morning. Overstock has blamed the bad quarter, in part, due to the Google ranking change that hit in early May 2015, some called that update the Phantom update. Here is an excerpt from the earnings report: We are experiencing some slowing of our overall revenue growt ...Read the full article