A 4.65% slide to $271.75 lands the same day Garmin filed its Q3 2026 results with the SEC, and it wipes roughly $2.5 billion off a $52 billion company in one session. Steady-compounder names rarely move this much, so the reaction to the numbers is worth watching.
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A 4.6% slide to $271.86 on the day Garmin's Q3 results hit EDGAR takes roughly $2 billion off a $52.4 billion company. Moves this size are uncommon for a name that usually trades quietly, so keep an eye on where it settles.
Garmin just raised its full-year outlook to roughly $8.15 billion in revenue, with gross margin at a record 63.3% heading into the holiday quarter. Auto OEM, down 20%, is the only soft spot.
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