Garmin Ltd. Stock Rises Thursday, Still Underperforms Market

Dow Jones11-08

DJ Garmin Ltd. Stock Rises Thursday, Still Underperforms Market

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

Shares of Garmin Ltd. $(GRMN)$ inched 0.32% higher to $210.34 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.74% to 5,973.10 and the Dow Jones Industrial Average remaining mostly unchanged at 43,729.34.

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

Garmin Ltd. hit a new 52-week high, surpassing its previous peak of $210.33, which the company reached on November 6th.

The stock underperformed when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 2.14% to $227.48, Alphabet Inc. Cl C $(GOOG)$ rose 2.21% to $182.28, and Alphabet Inc. Cl A $(GOOGL)$ rose 2.40% to $180.75.

Trading volume (849,296) remained 63,301 below its 50-day average volume of 912,597.

Data source: Dow Jones Market Data, FactSet. Data compiled November 7, 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

November 07, 2024 16:57 ET (21:57 GMT)

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

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