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Why Garmin Stock Ran Up Today

TheMotleyFool

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Why Garmin Stock Ran Up Today: https://g.foolcdn.com/editorial/images/775240/garmin-watch-on-wrist.png

Garmin (NYSE: GRMN) reported its first-quarter earnings today and investors saw a lot to like. The maker of wearables, activity trackers, and other high-tech outdoor adventure devices saw sales soar 20% compared to last year's first quarter.

Investors jumped into the stock in response. Garmin stock had already moved higher by nearly 50% over the last year, and it jumped by another 11.7% today, as of 11:15 a.m. ET.

Source Fool.com

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