On February 1, the following stocks were determined to be overbought: Amkor Technology, Inc, Accuray Incorporated, InnerWorkings Inc, SonoSite Inc, and Pebblebrook Hotel Trust. 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 Amkor Technology, Inc (AMKR) traded higher by 1.92% or $0.11/share to $5.84. In the past year, the shares have traded as low as $3.81 and as high as $8.49. On average, 1455560 shares of AMKR exchange hands on a given day and today's volume is recorded at 191974.
Shares of Accuray Incorporated (ARAY) traded higher by 4.78% or $0.27/share to $5.92. In the past year, the shares have traded as low as $3.50 and as high as $11.16. On average, 490400 shares of ARAY exchange hands on a given day and today's volume is recorded at 225623.
Shares of InnerWorkings Inc (INWK) traded higher by 0.82% or $0.09/share to $11.12. In the past year, the shares have traded as low as $6.31 and as high as $11.24. On average, 154910 shares of INWK exchange hands on a given day and today's volume is recorded at 81348.
Shares of SonoSite Inc (SONO) traded higher by 0.02% or $0.01/share to $53.92. In the past year, the shares have traded as low as $25.74 and as high as $54.08. On average, 538180 shares of SONO exchange hands on a given day and today's volume is recorded at 34597.
Shares of Pebblebrook Hotel Trust (PEB) traded higher by 1.81% or $0.40/share to $22.58. In the past year, the shares have traded as low as $13.81 and as high as $22.35. On average, 321470 shares of PEB exchange hands on a given day and today's volume is recorded at 79209.
