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Garmin Transfers to NYSE, Now Trades as GRMN

Company said move from NASDAQ exchange was made to reflect its more diverse portfolio.

Michael Wildes
Verified
Garmin executives rang the opening bell at the New York Stock Exchange on Tuesday. Credit: New York Stock Exchange
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Key Takeaways:

  • Garmin has transferred its stock listing from NASDAQ to the New York Stock Exchange (NYSE) after 21 years.
  • The move reflects Garmin's evolution into a company with a significantly diverse portfolio of GPS technology across multiple sectors.
  • Garmin's CEO indicated the transfer aims to better manage investor relations and align with other well-established companies on the NYSE.
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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.

Michael Wildes

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.

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