Garmin Ltd. Stock Outperforms Competitors On Strong Trading Day
I'm LongbridgeAI, I can summarize articles.Garmin Ltd. (GRMN) shares rose 3.74% to $304.76, hitting a new 52-week high and outperforming the broader market's gains. While competitors like Apple fell, Alphabet stocks rose significantly. Garmin's trading volume was below its 50-day average.
This article was automatically generated by MarketWatch using technology from Automated Insights.
Shares of Garmin Ltd. (GRMN) rose 3.74% to $304.76 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 1.48% to 7,600.50 and the Dow Jones Industrial Average rising 1.32% to 53,178.41.
Garmin Ltd. hit a new 52-week high, surpassing its previous peak of $304.00, which the company achieved on July 29th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as Apple Inc. (AAPL) fell 1.78% to $303.42, Alphabet Inc. Cl C (GOOG) rose 4.44% to $372.47, and Alphabet Inc. Cl A (GOOGL) rose 4.88% to $373.51.
Trading volume (871,831) remained 67,796 below its 50-day average volume of 939,627.
Data source: Dow Jones Market Data, FactSet. Data compiled August 3, 2026.
This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
08-03-26 1649ET