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Garmin Stock Rises on Cirqa Smart Band Launch

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Garmin launched the Cirqa Smart Band, a $200 wearable to compete with Whoop and Google Fitbit.
The announcement caused Garmin's stock to rise overnight.
Investor optimism is driven by Garmin entering the health-tracking wearable market.
The Cirqa Smart Band aims to revive growth amid competition from established players.
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Rajeev Chandrasekhar / Jupiter Capital interests historically