The most overbought stocks in the consumer discretionary sector present an opportunity to go short on these overvalued companies. Here’s the latest list of major overbought players in this sector.
U.S. stock futures traded slightly higher this morning. Here are some big stocks recording gains in today’s pre-market trading session.
Studio City International Holdings Limited (NYSE: MSC) shares jumped 21.6% to $4.78 in pre-market trading after dropping over 8% on Wednesday.
Gainers
Taboola.com Ltd. (NASDAQ: TBLA) shares gained 52.5% to $2.8050 after the company announced it entered into a 30-year exclusive commercial agreement with Yahoo.