DJ Garmin Ltd. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ shed 1.93% to $211.57 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.03% to 6,068.50 and the Dow Jones Industrial Average rising 0.28% to 44,593.65.
This was the stock's third consecutive day of losses.
Garmin Ltd. closed 5.27% below its 52-week high of $223.33, which the company reached on February 7th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 2.18% to $232.62, Alphabet Inc. Cl C $(GOOG)$ fell 0.60% to $187.07, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.62% to $185.32.
Trading volume (860,797) eclipsed its 50-day average volume of 734,886.
Data source: Dow Jones Market Data, FactSet. Data compiled February 11, 2025.
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(END) Dow Jones Newswires
February 11, 2025 16:53 ET (21:53 GMT)
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