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As of March 25, 2026, two stocks in the communication services sector are showing signs of being overbought, a potential warning for investors who prioritize momentum in their trading decisions.
On March 24, KORE Group announced a strategic alliance with Move & Connect, a French IoT connectivity solutions provider. The company said the partnership reflects its commitment to the European market and its strategy of combining global strength with local expertise.
KORE’s stock has surged, gaining around 77% over the past month. The shares have a 52-week high of $9.02. On Wednesday, KORE shares rose 0.1% to trade at $9.00.
Momentum and overbought indicators:
On March 20, Canaccord Genuity analyst Matthew Weber initiated coverage on Perion Network with a Buy rating and set a price target of $14.
PERI has gained around 25% over the past month, with a 52-week high of $11.79. On Wednesday, the stock fell 0.2% to trade at $10.22.
Momentum and overbought indicators:
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…