Garmin is trading at $277.62, up +4.07%, after announcing its third-generation MARQ luxury watch collection and delivering its 1,000th G1000 retrofit for King Air aircraft to the U.S. Army.
- Investing.com described the developments as a company-specific reason to buy, with broader markets providing little support.
- Garmin highlighted plans to certify Autothrottle and Autoland capabilities for eligible King Air aircraft later this year.
- Third-quarter results are scheduled for October 28.