DJ Garmin Ltd. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ slipped 1.58% to $187.14 Tuesday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 0.77% to 5,606.91 and Dow Jones Industrial Average falling 0.95% to 40,829.00.
This was the stock's second consecutive day of losses.
Garmin Ltd. closed 24.08% short of its 52-week high of $246.50, which the company achieved on February 19th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ fell 0.19% to $198.51, Alphabet Inc. Cl C $(GOOG)$ fell 0.51% to $165.20, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.60% to $163.23.
Trading volume (727,024) remained 423,379 below its 50-day average volume of 1.2 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 6, 2025.
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(END) Dow Jones Newswires
May 06, 2025 16:54 ET (20:54 GMT)
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