DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ shed 1.05% to $209.16 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index falling 1.54% to 5,827.04 and Dow Jones Industrial Average falling 1.63% to 41,938.45.
The stock's fall snapped a four-day winning streak.
Garmin Ltd. closed $13.81 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 Friday, as Apple Inc. $(AAPL)$ fell 2.41% to $236.85, Alphabet Inc. Cl C $(GOOG)$ fell 1.14% to $193.17, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.98% to $192.04.
Trading volume (742,259) remained 193,485 below its 50-day average volume of 935,744.
Data source: Dow Jones Market Data, FactSet. Data compiled January 10, 2025.
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January 10, 2025 16:56 ET (21:56 GMT)
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