In one of many greatest inventory itemizing transfers in latest historical past, Garmin started buying and selling on the New York Inventory Change on Dec. 7, 2021 underneath its ticker image “GRMN.” The switch befell 21 years after Garmin’s Dec. 8, 2000 Preliminary Public Providing (IPO) on the Nasdaq alternate.
“Garmin is happy to hitch the NYSE alongside most of the world’s most well-established and regarded firms,” stated Cliff Pemble, president and CEO of Garmin. “Garmin is uniquely positioned as each a extremely revered shopper model and a robust industrial participant. We consider this transfer enhances our robust model and can present significant and long-term worth for our shareholders.”
In celebration of the switch, representatives from Garmin rang the NYSE Opening Bell at 9:30 a.m. ET on December 7, 2021.
“We’re excited to welcome Garmin because it transfers its itemizing to the NYSE,” stated Stacey Cunningham, president of NYSE Group. “We stay up for working with Garmin because it helps thousands and thousands of lively way of life prospects pursue their passions.”
Garmin will maintain an interactive product demonstration on the NYSE in 2022.