How A Dip In Overstock’s Organic Rankings Contributed To An 17% Stock Drop

by Greg Finn
Much to the chagrin of shareholders, stock dropped a whopping 17.24% today. Why? According to the earnings report a major portion of the decline was due to a change in Google’s organic algorithms. Unfortunately, Overstock wasn’t on the favorable side of the modifications. In the earnings report Overstock stated: We are experiencing some slowing of our overall r ...Read the full article