Garmin (GRMN) Suffers a Larger Drop Than the General Market: Key Insights

Garmin (GRMN) ended the recent trading session at $169.87, demonstrating a -1% swing from the preceding day's closing price. The stock's performance was behind the S&P 500's daily loss of 0.29%. At the same time, the Dow lost 0.25%, and the tech-heavy Nasdaq lost 0.31%. Heading into today, shares of the maker of personal navigation devices had lost 2.78% over the past month, lagging the Computer and Technology sector's loss of 1.17% and the S&P 500's gain of 1.57% in that time. Investors will be eagerly wat ...