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Why Overstock Continued Its Impressive Climb Today


Shares of Overstock (NASDAQ: OSTK) continued their upward march on Monday, after a report showed online furniture sales surged in April. Overstock's stock traded as much as 12% higher on the news, and still traded 9% higher as of 3:30 p.m. EDT.

Overstock has attracted the attention of traders hoping for a quick rebound in the price per share. The stock has quintupled since falling below $3 per share in mid-March.

Image source: Getty Images.

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Source Fool.com

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