DJ Garmin Ltd. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ shed 0.36% to $212.09 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.38% to 5,998.74 and Dow Jones Industrial Average falling 0.31% to 44,722.06.
This was the stock's second consecutive day of losses.
Garmin Ltd. closed $4.35 short of its 52-week high ($216.44), which the company achieved on November 25th.
The stock underperformed when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ fell 0.06% to $234.93, Alphabet Inc. Cl C $(GOOG)$ rose 0.12% to $170.82, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.07% to $169.23.
Trading volume (602,143) remained 341,555 below its 50-day average volume of 943,698.
Data source: Dow Jones Market Data, FactSet. Data compiled November 27, 2024.
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(END) Dow Jones Newswires
November 27, 2024 16:57 ET (21:57 GMT)
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