DJ Garmin Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Garmin Ltd. $(GRMN)$ rose 1.36% to $211.39 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,918.25 and the Dow Jones Industrial Average rising 0.25% to 42,635.20.
This was the stock's fourth consecutive day of gains.
Garmin Ltd. closed $11.58 below its 52-week high ($222.97), which the company achieved on December 11th.
The stock outperformed some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.20% to $242.70, Alphabet Inc. Cl C $(GOOG)$ fell 0.67% to $195.39, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.79% to $193.95.
Trading volume (675,760) remained 261,615 below its 50-day average volume of 937,375.
Data source: Dow Jones Market Data, FactSet. Data compiled January 8, 2025.
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(END) Dow Jones Newswires
January 08, 2025 16:58 ET (21:58 GMT)
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