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Why Shares of Overstock.com Are Surging Today

The Motley Fool
Why Shares of Overstock.com Are Surging Today

What happened Shares of Overstock.com (NASDAQ:OSTK) jumped on Friday after the company reported its second-quarter results and announced an investment in its tZERO subsidiary. As of 12:25 p.m. EDT, the stock was up 18.1%. So what Overstock reported second-quarter revenue of $483.1 million, up 12% year