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Overstock shares surge after CEO Patrick Byrne quits

Reuters Thursday, 22 August 2019
Overstock.com's stock surged 5% on Thursday after Chief Executive Officer Patrick Byrne resigned following his claim of being involved in a Federal Bureau of Investigation probe into Russia and former U.S. presidential candidate Hillary Clinton.
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News video: Overstock shares surge after CEO quits

Overstock shares surge after CEO quits 01:20

Overstock shares 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. Yahaira Jacquez reports.

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