DJ Garmin Ltd. Stock Underperforms Thursday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ dropped 0.17% to $210.67 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.07% to 43,325.80 and the S&P 500 Index falling 0.04% to 6,037.59.
The stock's fall snapped a three-day winning streak.
Garmin Ltd. closed $12.30 below its 52-week high ($222.97), which the company achieved on December 11th.
The stock demonstrated a mixed performance when compared to some of its competitors Thursday, as Apple Inc. $(AAPL)$ rose 0.32% to $259.02, Alphabet Inc. Cl C $(GOOG)$ fell 0.24% to $197.10, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.26% to $195.60.
Trading volume (838,972) remained 106,258 below its 50-day average volume of 945,230.
Data source: Dow Jones Market Data, FactSet. Data compiled December 26, 2024.
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(END) Dow Jones Newswires
December 26, 2024 16:58 ET (21:58 GMT)
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