Markets react positively to Garmin INSTINCT 3 launch

Markets react positively to Garmin INSTINCT 3 launch

As you can see from the charts above, the NASDAQ trended down today by about 1.8%, while Garmin stock rose slightly. This two percentage point difference is significant and reflects the market’s positive sentiment about Garmin’s launches today, which include the Instinct 3, Instinct E, HRM-200, and the Zumo R1 smart motorbike Radar.

Even though I have expressed some negative thoughts today regarding missing features, lack of maps and more, the markets think Garmin has nailed it with these new products.

Availability

The Garmin Instinct 3 series is available to order now with delivery after 10 January 2025

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