Garmin Ltd. (GRMN): Today's Featured Technology Winner
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.Garmin (GRMN) pushed the Technology sector higher today making it today's featured technology winner. The sector as a whole closed the day down 0.7%. By the end of trading, Garmin rose $4.51 (9.6%) to $51.68 on heavy volume. Throughout the day, 9,404,318 shares of Garmin exchanged hands as compared to its average daily volume of 1,032,400 shares. The stock ranged in a price between $49.46-$52.72 after having opened the day at $52.34 as compared to the previous trading day's close of $47.17. Other companies within the Technology sector that increased today were: ChinaCache International Holdings (CCIH), up 20.0%, AMSC (AMSC), up 14.4%, Netlist (NLST), up 11.9% and Ultra Clean Holdings (UCTT), up 10.5%.
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