TomTom Shares Down 27%

[greal]

Smartphone apps continue to hit TomTom - FT.com

 

[canderson]

Garmin gave its bad news back in February, and I don't think they've had their quarter phone call yet.

Garmin and TomTom have just tied the race for whose stock is going to suck louder. Over the last year, both have them have put in almost exactly a NET ZERO performance. TomTom just provided a nicer ride in the process of getting nowhere. It ain't no fun out there in PND Land.