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Here's Why Siebert Financial Is Soaring Today


Here's Why Siebert Financial Is Soaring Today

Siebert Financial Corp. (NASDAQ: SIEB), the holding company that offers discount brokerage services through its subsidiary Muriel Siebert & Co., signed a letter of intent with Overstock.com (NASDAQ: OSTK) to offer discount brokerage services through a portal on Overstock's website.

Overstock said that the new service is expected to launch in the first quarter of 2018, and will offer $2.99 stock trades to all customers and special $1.99 commissions to its Club O loyalty members.

Image source: Getty Images.

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Source: Fool.com

Overstock.com Stock

€13.59
9.090%
A very strong showing by Overstock.com today, with an increase of €1.13 (9.090%) compared to yesterday's price.
Our community is currently high on Overstock.com with 4 Buy predictions and 2 Sell predictions.
With a target price of 39 € there is potential for a 187.08% increase which would mean more than doubling the current price of 13.59 € for Overstock.com.
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