On August 29, the following stocks were determined to be overbought: Motorola Mobility Holdings, Inc. The demand for these stocks have pushed the prices of the underlying assets to levels that do not support the fundamentals. This is interpreted as a sign that the stocks are overvalued and may experience a pullback.
Shares of Motorola Mobility Holdings, Inc (MMI) traded higher by 0.42% or $0.16/share to $37.88. In the past year, the shares have traded as low as $20.77 and as high as $38.73. On average, 6936080 shares of MMI exchange hands on a given day and today's volume is recorded at 3260276.
