Why Overstock.com Inc. Shares Popped Today
Shares of Overstock.com Inc. (NASDAQ: OSTK) jumped 11.1% on Friday, continuing a multi-day ascent on momentum surrounding businesses related to the cryptocurrency market. Note that bitcoin, arguably the most well-known cryptocurrency, popped as much as 9% today, setting a new all-time high of almost $18,000.
Overstock has also skyrocketed in recent months -- including a more than 50% jump over the last five trading days -- thanks to excitement surrounding the involvement of its Medici Ventures subsidiary with advancing blockchain, the digital decentralized ledger underlying most cryptocurrencies.
IMAGE SOURCE: GETTY IMAGES
Source: Fool.com
Overstock.com Aktie
9,22 €
-3,44 %
Mit 3 Buy-Einschätzungen und 2 Sell-Einschätzungen hat die Community keine klare Richtung bezüglich der Overstock.com Aktie.
Ein Kursziel von 40 € für Overstock.com signalisiert eine deutliche Steigerung im Vergleich zum aktuellen Kurs von 9.22 €.
