Stock Market

Garmin Ltd. stock outperforms market on strong trading day


Published: Dec. 22, 2023 at 5:05 p.m. ET

Shares of Garmin Ltd. GRMN inched 0.50% higher to $128.06 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.17% to 4,754.63 and the Dow Jones Industrial Average DJIA falling 0.05% to 37,385.97.

This was the stock’s second consecutive day of gains.

Garmin Ltd. closed…

Shares of Garmin Ltd.

GRMN

inched 0.50% higher to $128.06 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index

SPX

rising 0.17% to 4,754.63 and the Dow Jones Industrial Average

DJIA

falling 0.05% to 37,385.97.

This was the stock’s second consecutive day of gains.

Garmin Ltd. closed $0.06 short of its 52-week high ($128.12), which the company achieved on December 20th.

The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Apple Inc.

AAPL

fell 0.55% to $193.60, Alphabet Inc. Cl C

GOOG

rose 0.65% to $142.72, and Alphabet Inc. Cl A

GOOGL

rose 0.76% to $141.49.

Trading volume (730,090) remained 61,983 below its 50-day average volume of 792,073.


Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.



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