DJ Garmin Ltd. Stock Underperforms Tuesday When Compared To Competitors Despite Daily Gains
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Shares of Garmin Ltd. $(GRMN)$ rose 1.27% to $218.22 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.72% to 6,037.88 and the Dow Jones Industrial Average rising 0.30% to 44,556.04.
The stock's rise snapped a two-day losing streak.
Garmin Ltd. closed 2.13% below its 52-week high of $222.97, which the company reached on December 11th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 2.10% to $232.80, Alphabet Inc. Cl C $(GOOG)$ rose 2.50% to $207.71, and Alphabet Inc. Cl A $(GOOGL)$ rose 2.56% to $206.38.
Trading volume (589,533) remained 174,271 below its 50-day average volume of 763,804.
Data source: Dow Jones Market Data, FactSet. Data compiled February 4, 2025.
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(END) Dow Jones Newswires
February 04, 2025 16:53 ET (21:53 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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