Microchip Technology Inc. Stock Rises Friday, Outperforms Market

Dow Jones12-07

DJ Microchip Technology Inc. Stock Rises Friday, Outperforms Market

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

Shares of Microchip Technology Inc. $(MCHP)$ advanced 1.79% to $59.29 Friday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index rising 0.25% to 6,090.27 and the Dow Jones Industrial Average falling 0.28% to 44,642.52.

The stock's rise snapped a three-day losing streak.

Microchip Technology Inc. closed $41.28 below its 52-week high ($100.57), which the company achieved on May 24th.

Trading volume (8.7 M) eclipsed its 50-day average volume of 6.6 M.

Data source: Dow Jones Market Data, FactSet. Data compiled December 6, 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 06, 2024 17:02 ET (22:02 GMT)

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

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