Why Garmin Stock Jumped 10% Today

Garmin (GRMN 10.22%) stock was the leading gainer in the S&P 500 index in early trading today. The maker of wearables and other fitness and outdoor activity devices delivered a fourth-quarter and full-year earnings report that even beat its own expectations.Garmin shares were trading near the day's high, up by 10.9% at 11:10 a.m. ET. The stock has risen more than 40% over the past year.Rising revenue and EPSGarmin began 2023 telling investors that revenue was likely going to be flat for the year. But its es ...