On July 2, the following stocks were determined to be overbought: Constellation Brands Inc, Sonic Corp, Getty Realty Corp, Smart Balance, Inc, and Lincare 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 Constellation Brands Inc (STZ) traded higher by 1.07% or $0.29/share to $27.35. In the past year, the shares have traded as low as $16.42 and as high as $27.44. On average, 3162500 shares of STZ exchange hands on a given day and today's volume is recorded at 2204942.
Shares of Sonic Corp (SONC) traded higher by 3.19% or $0.32/share to $10.34. In the past year, the shares have traded as low as $6.35 and as high as $11.34. On average, 763380 shares of SONC exchange hands on a given day and today's volume is recorded at 179155.
Shares of Getty Realty Corp (GTY) traded higher by 0.73% or $0.14/share to $19.29. In the past year, the shares have traded as low as $11.91 and as high as $25.24. On average, 201160 shares of GTY exchange hands on a given day and today's volume is recorded at 29040.
Shares of Smart Balance, Inc (SMBL) traded higher by 1.81% or $0.17/share to $9.56. In the past year, the shares have traded as low as $4.47 and as high as $9.55. On average, 478910 shares of SMBL exchange hands on a given day and today's volume is recorded at 121844.
Shares of Lincare Holdings Inc (LNCR) traded higher by 21.49% or $7.31/share to $41.33. In the past year, the shares have traded as low as $19.17 and as high as $34.20. On average, 1637400 shares of LNCR exchange hands on a given day and today's volume is recorded at 46446052.
