Garmin is trading at $279.96 (5% down) in pre-market sessions as investors take profits following a sharp post-earnings surge.
- Shares surged over 16% on July 29, 2026, after Q2 results showed 11% revenue growth to $2.02 billion and an EPS of $2.80.
- The company raised its full-year guidance to a $10 EPS outlook, reflecting strong underlying performance.
- Today's move appears to be profit-taking and consolidation rather than a reaction to new negative company news.