DJ Garmin Ltd. Stock Underperforms Friday When Compared To Competitors Despite Daily Gains
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Shares of Garmin Ltd. $(GRMN)$ rose 1.14% to $212.62 Friday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index falling 0.01% to 6,114.63 and Dow Jones Industrial Average falling 0.37% to 44,546.08.
This was the stock's second consecutive day of gains.
Garmin Ltd. closed 4.80% below its 52-week high of $223.33, which the company reached on February 7th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc. $(AAPL)$ rose 1.27% to $244.60, Alphabet Inc. Cl C $(GOOG)$ fell 0.54% to $186.87, and Alphabet Inc. Cl A $(GOOGL)$ fell 0.49% to $185.23.
Trading volume (873,309) eclipsed its 50-day average volume of 743,707.
Data source: Dow Jones Market Data, FactSet. Data compiled February 14, 2025.
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February 14, 2025 16:53 ET (21:53 GMT)
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