Garmin Ltd. Stock Underperforms Monday When Compared To Competitors

Dow Jones2024-12-17

DJ Garmin Ltd. Stock Underperforms Monday When Compared To Competitors

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

Shares of Garmin Ltd. $(GRMN)$ shed 0.36% to $214.62 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.38% to 6,074.08 and the Dow Jones Industrial Average falling 0.25% to 43,717.48.

This was the stock's third consecutive day of losses.

Garmin Ltd. closed $8.35 below its 52-week high ($222.97), which the company achieved on December 11th.

The stock underperformed when compared to some of its competitors Monday, as Apple Inc. $(AAPL)$ rose 1.17% to $251.04, Alphabet Inc. Cl C $(GOOG)$ rose 3.54% to $198.16, and Alphabet Inc. Cl A $(GOOGL)$ rose 3.60% to $196.66.

Trading volume (714,231) remained 204,661 below its 50-day average volume of 918,892.

Data source: Dow Jones Market Data, FactSet. Data compiled December 16, 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

December 16, 2024 16:56 ET (21:56 GMT)

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

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