DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ slid 1.39% to $208.43 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index falling 1.32% to 5,870.62 and Dow Jones Industrial Average falling 0.70% to 43,444.99.
This was the stock's third consecutive day of losses.
Garmin Ltd. closed $7.12 below its 52-week high ($215.55), which the company reached on November 14th.
Despite its losses, the stock outperformed some of its competitors Friday, as Apple Inc. $(AAPL)$ fell 1.41% to $225.00, Alphabet Inc. Cl C $(GOOG)$ fell 1.95% to $173.89, and Alphabet Inc. Cl A $(GOOGL)$ fell 1.76% to $172.49.
Trading volume (685,553) remained 244,420 below its 50-day average volume of 929,973.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2024.
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(END) Dow Jones Newswires
November 15, 2024 16:57 ET (21:57 GMT)
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