DJ Garmin Ltd. Stock Outperforms Competitors On Strong Trading Day
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Shares of Garmin Ltd. $(GRMN)$ rallied 1.84% to $212.27 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 0.11% to 5,842.91 and the Dow Jones Industrial Average rising 0.52% to 42,518.28.
The stock's rise snapped a two-day losing streak.
Garmin Ltd. closed $10.70 short of its 52-week high ($222.97), which the company achieved on December 11th.
The stock outperformed some of its competitors Tuesday, as Apple Inc. $(AAPL)$ fell 0.48% to $233.28, Alphabet Inc. Cl C $(GOOG)$ fell 0.64% to $191.05, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.71% to $189.66.
Trading volume (772,968) remained 145,422 below its 50-day average volume of 918,390.
Data source: Dow Jones Market Data, FactSet. Data compiled January 14, 2025.
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(END) Dow Jones Newswires
January 14, 2025 16:57 ET (21:57 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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