Overstock shares surge after CEO quits. More here:
) surged 9% on Thursday after Chief Executive Officer Patrick Byrne resigned, saying distraction and fallout related to his involvement in a Federal Bureau of Investigation Russian espionage probe made it difficult for him to lead the online retailer.
“It has been an honor to serve you through thick and thin, threats grand and arcane, for the past 20 years.”
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Overstock CEO resigns after his 'deep state' comments sparked stock selloffThe outspoken CEO of online home goods retailer Overstock.com, Patrick Byrne, resigned days after he issued a press release entitled 'Comments on Deep State' that claimed he helped the FBI carry out 'political espionage.'
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