Garmin executives rang the opening bell at the New York Stock Exchange on Tuesday. Credit: New York Stock Exchange
Key Takeaways:
Garmin (NYSE:GRMN) has transferred its stock listing from the NASDAQ exchange to the New York Stock Exchange (NYSE) after 21 years.
The move reflects Garmin's significantly diversified business portfolio, which now spans automotive, aviation, marine, outdoor, and sports sectors, and aims to improve investor relations.
Garmin's robust aviation arm, a leading solutions provider, was highlighted for its product portfolio including the award-winning Autoland system.
Garmin (NYSE:GRMN) executives rang the symbolic bell atop the trading floor of the New York Stock Exchange on Tuesday, indicating Garmin’s move to begin trading as an NYSE-listed company.
Garmin first began trading on the NASDAQ exchange 21 years ago through its initial public offering. With its recent transfer, the company is now trading under the ticker NYSE: GRMN.
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Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.
