DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ dropped 0.34% to $208.44 Monday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.16% to 5,836.22 and the Dow Jones Industrial Average rising 0.86% to 42,297.12.
This was the stock's second consecutive day of losses.
Garmin Ltd. closed $14.53 below its 52-week high ($222.97), which the company achieved on December 11th.
Despite its losses, the stock outperformed some of its competitors Monday, as Apple Inc. $(AAPL)$ fell 1.03% to $234.40, Alphabet Inc. Cl C $(GOOG)$ fell 0.46% to $192.29, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.54% to $191.01.
Trading volume (718,921) remained 212,656 below its 50-day average volume of 931,577.
Data source: Dow Jones Market Data, FactSet. Data compiled January 13, 2025.
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(END) Dow Jones Newswires
January 13, 2025 16:56 ET (21:56 GMT)
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