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Top 2 Tech Stocks That May Plunge This Month
Benzingaยท2025-09-22 12:57

Core Insights - Two stocks in the information technology sector are showing signs of being overbought, which may concern momentum-focused investors [1][2]. Company Summaries - Diginex Ltd (DGNX): - Recently completed an eight-to-one stock split, resulting in a significant stock price increase of approximately 88% over the past month [7]. - The stock reached a 52-week high of $19.38, with a current RSI value of 85.5, indicating it is overbought [7]. - On the latest trading day, shares gained 20.6%, closing at $13.60 [7]. - Vuzix Corp (VUZI): - Announced a strategic collaboration with Saphlux to enhance optical solutions for AI/AR glasses, which is expected to advance the AR industry [7]. - The stock has increased by around 21% over the past month, with a 52-week high of $5.79 and an RSI value of 70.4 [7]. - On the latest trading day, shares rose by 4.9%, closing at $2.57 [7].