DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ slid 1.83% to $215.32 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 2.70% to 5,614.56 and Dow Jones Industrial Average falling 2.08% to 41,911.71.
This was the stock's third consecutive day of losses.
Garmin Ltd. closed 12.65% short of its 52-week high of $246.50, which the company reached on February 19th.
Despite its losses, the stock outperformed some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 4.85% to $227.48, Alphabet Inc. Cl C $(GOOG)$ fell 4.41% to $167.81, and Alphabet Inc. Cl A $(GOOGL)$ fell 4.49% to $165.87.
Trading volume (937,896) eclipsed its 50-day average volume of 826,313.
Data source: Dow Jones Market Data, FactSet. Data compiled March 10, 2025.
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March 10, 2025 16:52 ET (20:52 GMT)
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