OSTK roared on Monday, trading up almost 17% to close the regular session at $23.02 after receiving an upgrade from Avondale Partners. Avondale Partners upgraded the stock from Market Underperform to a Market Outperform, citing rising customer satisfaction as one of the reasons why margins should improve in Q3 and possibly turn the company closer to profitability in 2007. Avondale Partners said that horrific customer service evaluations caused the company to significantly overhaul their operations, and that customers who were once turned off may now be returning to the company. Volume was heavy on Monday, with over 2.2 million shares changing hands, compared to a normal daily average of 713k shares. OSTK currently has a market cap of just over $470 million dollars.
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