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Why Overstock Jumped More Than 20% Today


Shares of Overstock.com (NASDAQ: OSTK) jumped 25% this morning and remain up 9% as of 3:55 p.m. EDT. The gain is related to news on a cryptocurrency subsidiary of the online retailer. 

Overstock has its well-known online retail business, but it also has blockchain and cryptocurrency subsidiaries. 

Image source: Getty Images.

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Source Fool.com

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