DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ shed 0.91% to $207.46 Monday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 1.07% to 5,906.94 and Dow Jones Industrial Average falling 0.97% to 42,573.73.
This was the stock's third consecutive day of losses.
Garmin Ltd. closed $15.51 short of its 52-week high ($222.97), which the company reached on December 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 1.33% to $252.20, Alphabet Inc. Cl C $(GOOG)$ fell 0.70% to $192.69, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.79% to $191.24.
Trading volume (428,211) remained 521,367 below its 50-day average volume of 949,578.
Data source: Dow Jones Market Data, FactSet. Data compiled December 30, 2024.
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(END) Dow Jones Newswires
December 30, 2024 16:58 ET (21:58 GMT)
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