Why Garmin Stock Rose 11% in May

Garmin (NASDAQ: GRMN) shareholders outperformed a rallying stock market last month. Shares rose 11% in May compared to a 4.5% increase in the S&P 500, according to data provided by S&P Global Market Intelligence.

The uptick put shares at roughly even through the first five months of 2020 despite having been lower by 36% in mid-March.

Image source: Getty Images.

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Source Fool.com