Overstock.com Shares Slump After Retailer Swings To Third-quarter Loss

By Sue ChangMarketWatch Pulse

Shares of Overstock.com Inc. skidded in Monday's extended session after the online retailer posted quarterly losses. Overstock reported it swung to a third-quarter loss of $2.6 million, or 8 cents a share, from a profit of $1.6 million, or 7 cents a share, a year earlier. Revenue grew to $391.2 million from $353 million. Overstock.com shares slumped 5.9% in after-hours trading.

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