After Tuesday’s brutal sell-off, sentiment continues to remain unsettled. The index futures point to indecision and a lack of conviction among traders on Wednesday as they look ahead to more Main Street cues.
Cues From Tuesday’s Trading:
Overstock.com, Inc. (NASDAQ:OSTK), a leading online furniture and home furnishings retailer,announced that it participated in a funding round for GrainChain, Inc. (GrainChain), a Medici Ventures, L.P.
Several growth technology have made substantial comeback in 2023, but a few have not fully participated in the rally. One of those issues is Overstock.com Inc (NASDAQ: OSTK), which is the PreMarket Prep Stock of the Day.
Needham analyst Anna Andreeva downgraded Overstock.com (NASDAQ:OSTK) from Buy to Hold and removed the $30 price target. The analyst said through 3Q22, home…