DJ Garmin Ltd. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Garmin Ltd. $(GRMN)$ shed 1.66% to $234.64 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.81% to 7,259.22 and the Dow Jones Industrial Average rising 0.73% to 49,298.25.
This was the stock's fourth consecutive day of losses.
Garmin Ltd. closed 14.15% below its 52-week high of $273.32, which the company reached on April 17th.
The stock underperformed when compared to some of its competitors Tuesday, as Apple Inc. $(AAPL)$ rose 2.66% to $284.18, Alphabet Inc. Cl C $(GOOG)$ rose 1.22% to $384.27, and Alphabet Inc. Cl A $(GOOGL)$ rose 1.35% to $388.43.
Trading volume (940,684) eclipsed its 50-day average volume of 812,530.
Data source: Dow Jones Market Data, FactSet. Data compiled May 5, 2026.
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(END) Dow Jones Newswires
May 05, 2026 16:52 ET (20:52 GMT)
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