Over the past week, shares of Amazon.com, Inc. (NASDAQ: AMZN) have made a significant move higher, having gained almost $200.
But the rally may be about to end.
Alibaba Group Holdings LTD. (NYSE: BABA) shares are trading lower Tuesday after a Wall Street Journal report detailed how Alibaba was hit with a large data leak throughout an eight-month period.
Alfi Inc. (NASDAQ: ALF) shares rocketed higher Tuesday after the company announced it entered into an agreement with All-Niter for the fulfillment, staging and shipment of of 10,000 digital tablets to Uber and Lyft drivers.
Shares of Clearside Biomedical, Inc. (NASDAQ: CLSD) are skyrocketing Tuesday morning after the company announced positive safety results for a treatment for eye diseases.
Shares of Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) made a big move higher Monday, closing up by almost 18%.
But now shares are overbought, which means the rally may be over, at least temporarily.
A recent report that Virgin Galactic Holdings, Inc. (NYSE: SPCE) could send its founder Sir Richard Branson to space as soon as July 4 has caught the eye of traders and investors.