Garmin Gaps Down on Earnings, Likely to Continue Falling

| About: Garmin Ltd. (GRMN)
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Garmin (NASDAQ:GRMN) is currently trading down nearly 8% (12:58 PM ET) after gapping down 6% in the pre-market following its earnings report. Below we highlight the historical quarterly reports for GRMN going back to the last quarter of 2001. The stock has opened lower on earnings 8 times out of its last 23 reports. Of these 8 times, the stock has traded lower from the open to the close 5 times for an average loss of another 2.78%.

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