DJ Garmin Ltd. Stock Rises Wednesday, Still Underperforms Market
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Shares of Garmin Ltd. $(GRMN)$ advanced 1.26% to $193.83 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 1.67% to 5,375.86 and the Dow Jones Industrial Average rising 1.07% to 39,606.57.
This was the stock's second consecutive day of gains.
Garmin Ltd. closed 21.37% below its 52-week high of $246.50, which the company reached on February 19th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 2.43% to $204.60, Alphabet Inc. Cl C $(GOOG)$ rose 2.48% to $157.72, and Alphabet Inc. Cl A $(GOOGL)$ rose 2.56% to $155.35.
Trading volume (811,821) remained 375,064 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled April 23, 2025.
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(END) Dow Jones Newswires
April 23, 2025 16:53 ET (20:53 GMT)
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