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Why Overstock Is Trading Higher Today

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Why Overstock Is Trading Higher Today

Overstock.com, Inc. (NASDAQ: OSTK) shares are trading higher on Wednesday as e-commerce and internet retail names rebound following the early-September selloff.

Overstock.com is a U.S.-based online retailer that provides products and services through websites. The company offers a broad range of products, including furniture and home decor, jewelry, watches, apparel and accessories, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line accounts for a material part of its total revenue.

Overstock shares were trading up 6.74% at $67.50 at the time of publication on Wednesday. The stock has a 52-week high of $128.50 and a 52-week low of $2.53.

 

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