Microchip Technology Inc. Stock Rises Monday, Outperforms Market

Dow Jones12-03 05:59

DJ Microchip Technology Inc. Stock Rises Monday, Outperforms Market

This article was automatically generated by MarketWatch using technology from Automated Insights.

Shares of Microchip Technology Inc. $(MCHP)$ rallied 3.14% to $70.31 Monday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.24% to 6,047.15 and the Dow Jones Industrial Average falling 0.29% to 44,782.00.

This was the stock's second consecutive day of gains.

Microchip Technology Inc. closed $30.26 short of its 52-week high ($100.57), which the company reached on May 24th.

Trading volume (6.8 M) eclipsed its 50-day average volume of 6.3 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 2, 2024.

This content was created by MarketWatch, which is operated by Dow Jones & Co. MarketWatch is published independently from Dow Jones Newswires and The Wall Street Journal.

(END) Dow Jones Newswires

December 02, 2024 16:59 ET (21:59 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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