On August 15, 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 56.80% or $13.90/share to $38.37. In the past year, the shares have traded as low as $20.77 and as high as $36.54. On average, 4321800 shares of MMI exchange hands on a given day and today's volume is recorded at 47827292.
