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Overstock.com Inc. (OSTK) Is Climbing After GSR Capital Invests

Overstock.com Inc. (OSTK) announced after the bell Thursday that Hong Kong based private equity firm GSR Capital will invest $1.5 billion in the company and its blockchain subsidiary tZERO. The stock is now up 8.50 on 544K shares.

Overstock.com rose during the first half hour of trade Thursday, before settling into a range and closed up by 1.65 at $38.60 on above average volume.

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