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A bad day for Garmin; Wall Street hammers stock

zdnet.com » 2008 » July » 30th » A bad day for Garmin; Wall Street hammers stock

Tagged: hardware, mobile, marketing, consumer electronics, gps, finance, personal technology, stock, handhelds, smart phones, financial accounting, mobile app, advertising and promotion, garmin ltd, sam diaz

It's been one tough day for Garmin. The stock was hammered, down almost 22 percent to close at $35. 19, a drop of almost $10 in regular trading. Its quarterly earnings missed Wall Street's expectations, the company announced a delay of its smartphone and the outlook for the rest of Continue Reading »


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