On March 22, the following stocks were determined to be overbought: priceline.com Incorporated, Gordmans Stores, Inc, ZOLL Medical Corp, Taleo Corp, and Scholastic Corporation. 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 priceline.com Incorporated (PCLN) traded higher by 0.49% or $3.45/share to $707.1. In the past year, the shares have traded as low as $411.25 and as high as $709.30. On average, 840520 shares of PCLN exchange hands on a given day and today's volume is recorded at 400107.
Shares of Gordmans Stores, Inc (GMAN) traded higher by 0.66% or $0.13/share to $19.92. In the past year, the shares have traded as low as $11.18 and as high as $23.24. On average, 52520 shares of GMAN exchange hands on a given day and today's volume is recorded at 33009.
Shares of ZOLL Medical Corp (ZOLL) remained unchanged at $92.76. In the past year, the shares have traded as low as $33.84 and as high as $93.65. On average, 395840 shares of ZOLL exchange hands on a given day and today's volume is recorded at 161664.
Shares of Taleo Corp (TLEO) remained unchanged at $45.93. In the past year, the shares have traded as low as $21.44 and as high as $45.96. On average, 1506470 shares of TLEO exchange hands on a given day and today's volume is recorded at 219266.
Shares of Scholastic Corporation (SCHL) fell by 0.64% or $-0.24/share to $37.11. In the past year, the shares have traded as low as $23.05 and as high as $40.18. On average, 238610 shares of SCHL exchange hands on a given day and today's volume is recorded at 188099.
