Garmin Ltd. (GRMN) gapped open lower Wednesday and steadily declined until midday. The stock finished down by $6.19 at $31.59 on the highest volume in over 2 1/2 months. Garmin Ltd. dropped to its lowest level since early September. The stock also fell below its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.