DJ Garmin Ltd. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains
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Shares of Garmin Ltd. $(GRMN)$ rose 3.42% to $197.98 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 3.26% to 5,844.19 and the Dow Jones Industrial Average rising 2.81% to 42,410.10.
This was the stock's fourth consecutive day of gains.
Garmin Ltd. closed 19.68% 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 Monday, as Apple Inc. $(AAPL)$ rose 6.31% to $210.79, Alphabet Inc. Cl C $(GOOG)$ rose 3.37% to $159.58, and Alphabet Inc. Cl A $(GOOGL)$ rose 3.74% to $158.46.
Trading volume (791,541) remained 352,469 below its 50-day average volume of 1.1 M.
Data source: Dow Jones Market Data, FactSet. Data compiled May 12, 2025.
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May 12, 2025 16:53 ET (20:53 GMT)
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