DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ shed 1.26% to $224.06 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.59% to 5,861.57 and Dow Jones Industrial Average falling 0.45% to 43,239.50.
The stock's fall snapped a two-day winning streak.
Garmin Ltd. closed 9.10% below its 52-week high of $246.50, which the company reached on February 19th.
Despite its losses, the stock outperformed some of its competitors Thursday, as Apple Inc. $(AAPL)$ fell 1.27% to $237.30, Alphabet Inc. Cl C $(GOOG)$ fell 2.57% to $170.21, and Alphabet Inc. Cl A $(GOOGL)$ fell 2.45% to $168.50.
Trading volume (856,957) eclipsed its 50-day average volume of 828,742.
Data source: Dow Jones Market Data, FactSet. Data compiled February 27, 2025.
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(END) Dow Jones Newswires
February 27, 2025 16:52 ET (21:52 GMT)
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