Garmin Ltd. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

Dow Jones
2024-12-03

DJ Garmin Ltd. Stock Underperforms Monday When Compared To Competitors Despite Daily Gains

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Garmin Ltd. $(GRMN)$ inched 0.40% higher to $213.46 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.

This was the stock's second consecutive day of gains.

Garmin Ltd. closed $2.98 below its 52-week high ($216.44), which the company reached on November 25th.

The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 0.95% to $239.59, Alphabet Inc. Cl C $(GOOG)$ rose 1.46% to $172.98, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.50% to $171.49.

Trading volume (882,120) remained 44,172 below its 50-day average volume of 926,292.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

 

(END) Dow Jones Newswires

December 02, 2024 16:57 ET (21:57 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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