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Why Overstock Shares Soared 46% in May

TheMotleyFool

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Overstock.com (NASDAQ: OSTK) shareholders dramatically outperformed the stock market last month. The stock rose 46% in May compared to a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The rally erased significant losses in March to push the stock far higher for the year -- up over 200% since the start of 2020.

Image source: Getty Images.

Source Fool.com

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