Almost 3 Years Ago
1 Min Read
GRMN shares fell -8% today. A look at what's happening:
Garmin Ltd (GRMN) is trading -8% lower at $94.565 today.
- lowered its expectation for full-year earnings and revenue ahead of Wednesday release
- Guidance: full-year adjusted earnings $4.90 per share on revenue of $5B, down from $5.90 it predicted in February and reaffirmed in April, and analyst consensus revenue of $5.37B
- Analyst consensus was for $5.86 per share
Garmin Ltd has been trading between a 52-week high of $175.69 and a 52-week low of $92.53. The stock has a market cap of $18.3 Billion.
Garmin, formerly known as ProNav, is an American multinational technology company founded in 1989, with headquarters in Olathe, Kansas. The company specializes in GPS technology for automotive, aviation, marine, outdoor, and sport activities. Garmin Ltd.
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