On December 1, the following stocks were determined to be overbought: Medivation, Inc, Global Education & Technology Group Limited, Inhibitex, Inc, 99, and Brigham Exploration Co. 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 Medivation, Inc (MDVN) traded higher by 0.46% or $0.21/share to $46.16. In the past year, the shares have traded as low as $11.16 and as high as $46.01. On average, 893920 shares of MDVN exchange hands on a given day and today's volume is recorded at 86314.
Shares of Global Education & Technology Group Limited (GEDU) traded higher by 0.09% or $0.01/share to $10.76. In the past year, the shares have traded as low as $2.96 and as high as $10.80. On average, 164800 shares of GEDU exchange hands on a given day and today's volume is recorded at 26645.
Shares of Inhibitex, Inc (INHX) traded higher by 4.76% or $0.70/share to $15.3. In the past year, the shares have traded as low as $2.00 and as high as $14.68. On average, 1945050 shares of INHX exchange hands on a given day and today's volume is recorded at 1211006.
Shares of 99 (NDN) fell by 0.02% or $-0.00/share to $21.84. In the past year, the shares have traded as low as $14.57 and as high as $21.93. On average, 1983130 shares of NDN exchange hands on a given day and today's volume is recorded at 231382.
Shares of Brigham Exploration Co (BEXP) traded higher by 0.16% or $0.06/share to $36.49. In the past year, the shares have traded as low as $21.15 and as high as $37.87. On average, 5355680 shares of BEXP exchange hands on a given day and today's volume is recorded at 533815.
