Scalper1 News
Garmin (GRMN) stock took a tumble Thursday after the GPS device maker preannounced weaker-than-expected Q2 earnings, driven by challenges in its fitness device business and foreign exchange pressure. Garmin stock was down 7.5% in afternoon trading on the stock market today, near 43. Late Wednesday, Garmin said it expects to report Q2 revenue of $770 million to $775 million and earnings per share of 70 to 72 cents. The sales target is in line with Scalper1 News
Scalper1 News