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 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.