Top 3 Health Care Stocks You May Want To Dump In January - Erasca (NASDAQ:ERAS), ImmunityBio (NASDAQ:IBRX)
Core Viewpoint - Three stocks in the health care sector are showing signs of being overbought, which may concern momentum-focused investors [1] Group 1: Stock Performance - Venus Concept Inc (NASDAQ:VERO) has seen its stock price increase by approximately 451.8%, closing at $7.89, with a 52-week high of $14.50 and an RSI value of 95.9 [5][3] - ImmunityBio Inc (NASDAQ:IBRX) experienced a stock price rise of 39.8%, closing at $5.52, with a year-to-date increase of over 100% and an RSI value of 95.4 [5][4] Group 2: Investment Activity - Madryn Asset Management disclosed a 91% stake in Venus Concept Inc for investment purposes, indicating strong institutional interest in the company [5]