DJ Garmin Ltd. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ slid 0.86% to $205.59 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index remaining mostly unchanged at 5,917.11 and the Dow Jones Industrial Average rising 0.32% to 43,408.47.
This was the stock's second consecutive day of losses.
Garmin Ltd. closed $9.96 short of its 52-week high ($215.55), which the company reached on November 14th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Apple Inc. $(AAPL)$ rose 0.32% to $229.00, Alphabet Inc. Cl C $(GOOG)$ fell 1.25% to $177.33, and Alphabet Inc. Cl A $(GOOGL)$ fell 1.20% to $175.98.
Trading volume (837,469) remained 102,592 below its 50-day average volume of 940,061.
Data source: Dow Jones Market Data, FactSet. Data compiled November 20, 2024.
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(END) Dow Jones Newswires
November 20, 2024 16:57 ET (21:57 GMT)
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