Garmin's Trading Volume Drops 80% But Stock Rises 2% Ranking 470th in Market

Generated by AI AgentAinvest Market Brief
Monday, Mar 24, 2025 8:33 pm ET1min read

On March 24, 2025, Garmin's trading volume was $193 million, down 80.21% from the previous day, ranking 470th in the day's stock market.

(GRMN) rose 2.04%, marking two consecutive days of gains, with a total increase of 2.76% over the past two days.

Garmin was named the 2025 IBBI Supplier of the Year, receiving recognition from a leading international boat builder group for its outstanding service and support. This is the second time Garmin has received this honor, highlighting its commitment to excellence in the marine electronics industry.

Garmin's extensive marine electronics portfolio, which includes advanced chartplotters, touchscreen multifunction displays, sonar technology, and other innovative products, has been a significant contributor to its success. The company's dedication to quality and innovation has earned it a reputation as a trusted manufacturer in the industry.

Garmin's recognition by IBBI underscores its strong collaboration with the cooperative and its shared commitment to providing best-in-class products and support to mutual customers. The company's unwavering focus on operational excellence and innovation has set it apart as a leader in the marine electronics sector.

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