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Why Overstock Jumped More Than 20% Today

TheMotleyFool

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Why Overstock Jumped More Than 20% TodayPhoto, wide shot, wide-angle lens, Hotel, Midday, harsh overhead sunlight, directional sunlightt, photo by Ansel Adams: https://img.midjourneyapi.xyz/temp/d14bb504-852b-4d13-a69a-8cec9d4eb799.png

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.

Source Fool.com

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