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Garmin (GRMN) volatility near two year lows

June 30, 2009 7:36 AM EDT
GRMN Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Revenue Growth %: +9.6%
Garmin (Nasdaq: GRMN) : Garmin closed at $24.16. GRMN is expected to report Q2 EPS in late July. GRMN July option implied volatility is at 40, August is at 47; below its six-month average of 64, according to Track Data, suggesting decreasing price movement. Paul Foster

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