DJ Garmin Ltd. Stock Outperforms Competitors Despite Losses On The Day
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Shares of Garmin Ltd. $(GRMN)$ slipped 0.83% to $204.55 Thursday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.22% to 5,868.55 and Dow Jones Industrial Average falling 0.36% to 42,392.27.
This was the stock's fifth consecutive day of losses.
Garmin Ltd. closed $18.42 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. $(AAPL)$ fell 2.62% to $243.85, Alphabet Inc. Cl C $(GOOG)$ rose 0.10% to $190.63, and Alphabet Inc. Cl A $(GOOGL)$ rose 0.07% to $189.43.
Trading volume (831,311) remained 111,562 below its 50-day average volume of 942,873.
Data source: Dow Jones Market Data, FactSet. Data compiled January 2, 2025.
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(END) Dow Jones Newswires
January 02, 2025 16:58 ET (21:58 GMT)
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