Garmin Ltd. (GRMN) reported third quarter EPS of $1.02 Wednesday morning, compared to the consensus estimate of $0.69.
Garmin Ltd. steadily declined during the first 2 hours of trade Wednesday and slipped further around mid-afternoon. The stock finished lower by $4.57 at $26.84 on the highest volume of the year. Garmin closed at over a 3-month low.
For comments and feedback: editorial@rttnews.com