Friday's slide leaves Garmin traders hoping for a bounce

Published: March 19 2023, 08:45 GMT+0

Friday's slide leaves Garmin traders hoping for a bounce

A quick look at Friday: during Friday's session, Garmin Ltd toiled and struggled for upward momentum before closing at $96. By the close, the the GPS device maker suffered a $1.31 or 1.33% loss.

Garmin was not the only decliner in the technology sector; Accenture plc Class A (Ireland) goes down 1.15% Friday to close at $252.92.

On the other hand, positive performances could be seen by looking at other technology stocks as Microsoft was up 1.17%. Adobe was up 1.37%.

Garmin hit a significant low of $78.47 around 5 months ago, but has since recovered 24%.

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