DJ Garmin Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Garmin Ltd. $(GRMN)$ rose 1.14% to $190.41 Thursday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.58% to 5,663.94 and the Dow Jones Industrial Average rising 0.62% to 41,368.45.
This was the stock's second consecutive day of gains.
Garmin Ltd. closed 22.75% short of its 52-week high of $246.50, which the company reached on February 19th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.63% to $197.49, Alphabet Inc. Cl C $(GOOG)$ rose 1.93% to $155.75, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.92% to $154.28.
Trading volume (945,158) remained 201,563 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 8, 2025.
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May 08, 2025 16:55 ET (20:55 GMT)
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