Why Overstock.com Stock Rallied as Much as 12.5% This Morning

Why Overstock.com Stock Rallied as Much as 12.5% This Morning

What happened Shares of online retailer Overstock.com (NASDAQ: OSTK) rallied as much as 12.5% as the trading day began Thursday. Although the stock had pulled back some of those gains by around noon EDT today, it was still up a hefty 10%.