Overstock Piques Analysts’ Interest With 2,800% Rally in Shares
- Multiple firms have initiated coverage over the past month
- Even with a pullback, shares up about 2,800% since March
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Overstock.com Inc. is finally receiving some attention from Wall Street analysts, and all it took was a rally of 2,800%.
There has been a flurry of new coverage on the e-commerce company over the past month, with the interest following a massive advance in the stock price. Even with a recent pullback, Overstock has soared during the pandemic, a beneficiary of more commerce moving online.