On March 28, the following stocks were determined to be overbought: McCormick & Co. Inc, Equinix, Inc, The Coca-Cola Company, Amylin Pharmaceuticals, Inc, and Carrols Restaurant Group, 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 McCormick & Co. Inc (MKC) traded higher by 0.39% or $0.21/share to $54.43. In the past year, the shares have traded as low as $42.83 and as high as $54.55. On average, 521360 shares of MKC exchange hands on a given day and today's volume is recorded at 95466.
Shares of Equinix, Inc (EQIX) traded higher by 1.03% or $1.56/share to $153.43. In the past year, the shares have traded as low as $80.85 and as high as $152.50. On average, 1091950 shares of EQIX exchange hands on a given day and today's volume is recorded at 192274.
Shares of The Coca-Cola Company (KO) traded higher by 0.29% or $0.21/share to $72.08. In the past year, the shares have traded as low as $62.25 and as high as $71.98. On average, 7492530 shares of KO exchange hands on a given day and today's volume is recorded at 2788872.
Shares of Amylin Pharmaceuticals, Inc (AMLN) traded higher by 44.64% or $6.87/share to $22.26. In the past year, the shares have traded as low as $8.03 and as high as $18.45. On average, 3830420 shares of AMLN exchange hands on a given day and today's volume is recorded at 16876372.
Shares of Carrols Restaurant Group, Inc (TAST) traded higher by 0.13% or $0.02/share to $15.44. In the past year, the shares have traded as low as $7.54 and as high as $15.75. On average, 77070 shares of TAST exchange hands on a given day and today's volume is recorded at 16049.
