On September 12, Garmin rose 3.9% in regular trading, trading around $281.50/share, with turnover of approximately $37.90 million.
On the news front, Garmin's CIRQA-branded smart ring recently passed regulatory certification in multiple countries including Brazil and China, with a total of 10 device models approved. Specifically, models C05124, E05124, G05124, and H05124 cleared Chinese regulatory approval on September 1, each classified as Bluetooth devices. The remaining models were certified through Brazil's ANATEL agency. The approvals mark Garmin's formal entry into the smart ring market, adding a new form factor to its existing wearable hardware lineup.
This development follows the earlier launch of the CIRQA smart band — the company's first screenless health and fitness tracker — priced at $199.99. That device supports over 80 sport-tracking modes, automatic activity recognition, and professional metrics including VO2 max, training readiness, and recovery time. Company executives have stated that the CIRQA line is designed to complement Garmin's existing smartwatch portfolio by targeting consumers who prefer a more discreet wearable experience.
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